Re:Web3/Crypto: Why Bother?
by throway453sde on Friday December 31, 2021 @05:28AM
(#29746630)
> I trust the wikimedia foundation
The board members change so it can go wrong.
> ..where you cannot trust any single person..
You are missing the point. Obviously society runs based on mutual trust. One can not ignore the fact that a few people or group in power can create great damage. Crypto makes it possible to create "trust by design" systems so that a small group can not do great damage or censor things that undermine their power.
The board members change so it can go wrong.
> ..where you cannot trust any single person..
You are missing the point. Obviously society runs based on mutual trust. One can not ignore the fact that a few people or group in power can create great damage. Crypto makes it possible to create "trust by design" systems so that a small group can not do great damage or censor things that undermine their power.