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100 sats \ 2 replies \ @Se7enZ 11 May \ on: Re: "Bitcoin is money built on distrust." When is trust good and when is it bad? culture
Nice post. I've spent some time thinking about this over the last months. While trustless money is definitely something the world desperately needs, and a requirement as life moves more and more online, I feel like many people in this space get a little too carried away trying to eliminate trust entirely.
Trust is a necessity with regard to physical locality. Ones spouse, ones family, ones friends and neighbors. Trust is fundamental to intimacy and sexuality -- to relationships, to humanity. We are not going to do away with the need to trust and be vulnerable, but we can develop trustless tools to mitigate it where we don't have the means to build trust organically.
This viewpoint originally came up for me when trying to figure out how ecash and Fedimints could figure into Bitcoin philosophy for me.
Trust is a fundamental part of the human experience - we aren't going to do away with it, but we can mitigate the need for it where appropriate.
I feel like many people in this space get a little too carried away trying to eliminate trust entirely.
It could be oversteer for sure.
This viewpoint originally came up for me when trying to figure out how ecash and Fedimints could figure into Bitcoin philosophy for me.
For many people these tools do seem to strike a balance they like.
Trust is a fundamental part of the human experience - we aren't going to do away with it, but we can mitigate the need for it where appropriate.
Absolutely, I guess I'm curious where trust is appropriate and where it isn't. I don't have a good framework for it.
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Absolutely, I guess I'm curious where trust is appropriate and where it isn't. I don't have a good framework for it.
Me neither, and it's tough to figure out. My current thinking is that trust is something that emerges from shared dependency and repeatable behavior. Perhaps frequency of interaction and degree of necessity might be inputs to a framework?
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