Sergey Nazarov on Why the World Needs a New Model of (Cryptographic) Trust
The Breakdown
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The Importance of Trust in Society
The failure of brands and institutions that people were considered as reliable are things that have started to shake people's assumptions about what a brand and an institution means. And I think the realization that people are starting to have is this difference between a probabilistic world and a deterministic world. People don't realize the value of our industries, because they think it's deterministically guaranteed. But as those guarantees fail, they will realize thevalue of a deter microscopic world.
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