Re:Brave Browser Hardening
by Analemma_ on Saturday May 28, 2022 @05:26PM
(#31544018)
Western countries are rapidly moving from being high-trust to low-trust societies. The reasons for this are multifaceted, complex, and self-reinforcing, and it isn't likely that the trend will be reversed any time soon. Certainly not within our lifetimes. So we can either stick our heads in the sand about it, or develop technologies to deal with it as best we can. I'm not a crypto fan myself, but I understand why it exists and why it will probably be increasingly important as time goes on.
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And we can see this across all levels of society, from cryptocurrency to grade inflation to George Floyd to political corruption to school shootings. The loss of trust in institutions is particularly accelerated today, whereas people of the "Greatest Generation" who are dying now grew up in a world where teachers, police, and politicians were generally trusted.
No one will ever trust a completely trustless coin, because if you can't trust each other, putting trust in an abstract concept isn't exactly a winning solution.
Human trust matters, not mathematical trust.
Unfortunately you don’t understand what trustless means in this context. “No one trusts a trustless coin” makes no sense, there is no trust required for it to function (theoretically). It works as expected whether your counterparty is a saint or entirely corrupt.