Re: The great cryptocurrency heist

[Note: This comment comes from friend Bob Frankston. DLH]

From: “Bob Frankston” <Bob19-0501@bobf.frankston.com>
Subject: RE: [IP] The great cryptocurrency heist
Date: February 15, 2017 at 5:28:52 PM EST
To: dewayne@warpspeed.com

For those the DL:DR crowd the last paragraph is the key:

“Finally, we shouldn’t deceive ourselves with the idea that a technological fix can replace the human dimension of trust. Automation of trust is illusory. Rather than disparaging and cloaking human trust, we should face the brutal truth: we can’t escape the need to rely on other people, as fallible and imperfect as they might be. We need to nurture and nourish trust – not throw it away, like so much debased and worthless currency.”

 

The great cryptocurrency heist
Blockchain enthusiasts crave a world without bankers, lawyers or fat-cat executives. There’s just one problem: trust
By E J Spode
Feb 14 2017
https://aeon.co/essays/trust-the-inside-story-of-the-rise-and-fall-of-ethereum

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