Sergey Nazarov on Why the World Needs a New Model of (Cryptographic) Trust
The Breakdown
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The Future of Cryptocurrency
There'll be a crisis of faith. And I think that's what we're going towards pretty rapidly, and that crisis of faith will once again be resolved through encryption technology. But those encryption technologies in the case of digital transactions, digital relationships, and digital interactions between peers about anything of value will be a blockchain smart contract and Oracle based. It's about facilitating that new level of reliability and deterministic guarantees which are attractive to certain groups who understand this problem or have philosophical views.
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