2min chapter

Against the Rules with Michael Lewis cover image

On Background: Crypto Skeptic Proven Right

Against the Rules with Michael Lewis

CHAPTER

The Fear of Trust in Cryptocurrencies

The quintessential Bitcoin maximalist religious person, but then they blindly trust each other. I find myself stopping before I get to the point of wanting to prepare for the world falling apart because I just don't want to live in that world. The idea of trustlessness is very common in crypto. It's great that you shouldn't have to trust any intermediary often to do your financial transaction or whatever it might be. But this is built on the idea that trust is a bad thing for a system.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode