It's all about extremes. 2008 crisis showed regular people (who gave their trust to big banks and the gov) lost a lot. That was excessive trust, and yes bitcoin aims to zero trust, but having a 0 trust financial system is also bad (I can imagine no loans based on merits/trust). Like most things, the right way is something in the middle.
It's all about extremes. 2008 crisis showed regular people (who gave their trust to big banks and the gov) lost a lot. That was excessive trust, and yes bitcoin aims to zero trust, but having a 0 trust financial system is also bad (I can imagine no loans based on merits/trust). Like most things, the right way is something in the middle.