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Bitcoin is Venice: Difference between revisions
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===Trust versus trustless=== | ===Trust versus trustless=== | ||
{{Drop|T|he nature of}} indebtedness creates obligations of mutual trust. Trust in a community is a series of continuing, undefined, interlocking, and ''perpetual'' dependencies. Monetising indebtedness has the effect of financialising it, in a bad way. | {{Drop|T|he nature of}} indebtedness creates obligations of mutual trust. Trust in a community is a series of continuing, undefined, interlocking, and ''perpetual'' dependencies. Monetising indebtedness has the effect of financialising it, in a bad way. | ||
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