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Gold already involved trust in that others would accept it as payment. But gold was a decentralized ledger the government could do little to inflate.
(...and Bitcoin requires us to trust the game theory and that others will accept it as payment). Maybe I'm splitting hairs.
Good video, well delivered by the presenter.
(...and Bitcoin requires us to understand the game theory and that others will accept it as payment).
FTFY
Gold already involved trust in that others would accept it as payment. But gold was a decentralized ledger the government could do little to inflate.