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Understanding Crypto 11: Quinn DuPont: Understanding Crypto: An Interdisciplinary Approach

The Rational Reminder Podcast

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Smart Contracts Can Eliminate Trust, Right?

I think smart contracts are really complicated because they often don't do what we imagine them to be doing. They make sure that the transaction will occur and reduce counterparty risk. But people then sort of say, ok,  smart contracts can eliminate trust. And that's too quick for a bunch of reasons. We want them to be these mehanisms that we can use - like there's an imagination that they create equality immediately,. but this doesn't happen in wermote. In fact, i Think I'm right about one thing: It turns out Smart Contracting is not as simple as it first seems. You may think you're going to get good economic relations just by using

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