Trust is built into the system, a prerequisite. These databases are not always very good. Modern life consists of entries in databases. What if we rewrote all the databases from scratch? If you did that, it would be almost like having one database. It would put even more pressure on trust.
Listen to an audio excerpt from this week's special issue of Businessweek magazine, where finance columnist Matt Levine uses the full issue to explain where crypto came from, what it all means, and why it still matters.
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