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Sergey Nazarov on Why the World Needs a New Model of (Cryptographic) Trust

The Breakdown

00:00

The Probabilistic World Versus a Deterministic World

The world has been set up in a way where there's all these big, big counterparty risks. The Bitcoin example is a good one when Greece had its credit crisis. In gaming, it could be a problem that you spend tens of thousands of hours playing a game and then the rules change on you. And really, I think it's just going to continue all over the place.

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