
Red Team Blues, Part Two (With Cory Doctorow)
Techdirt
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The Importance of Trust in Cryptocurrency
The idea that something could be 100% trustless is, is kind of bankrupt. The lack of a liability that you can't settle with anything but crypto makes most crypto pretty useless. There's no way to make a program free from bugs because finance is always going to have loopholes and so on. Not trusting someone actually turned out not to be a way to prevent fraud. But also every time it was mitigated and the reason there was so much money for the fraud stress to seal in the begin in there to begin with.
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