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10 sats \ 3 replies \ @anon 10 May \ on: Re: "Bitcoin is money built on distrust." When is trust good and when is it bad? culture
the "good" forms of trust you allude to have a secondary function of building relationships in a community, which is valued as we are social animals.
i don't see how the logic can extend to an impersonal system such as bitcoin, especially as it's in competition with the equally impersonal fiat system. trust minimisation is simply good systems design in this case, and i reject harari's framing that bitcoin is unusual for having this attribute; the true anomaly is the trust required in the fiat system.