“This capability ensures that participants can trust the system’s integrity without the need for mutual trust among users. It fundamentally alters how trust is brokered globally, extending the reach of reliable transactions beyond traditional, geographic, and institutional boundaries.”
~ Adolfo Contreras
In this episode of Bitcoin Audible, Guy Swann delves into an insightful article from Blockstream titled “Scaling Trust: Bitcoin’s Role in Bridging the Global Digital Divide” by Adolfo Contreras. How does Bitcoin redefine trust in a globalized digital world, and what potential does it hold for transforming financial systems, especially in developing countries? Join Guy as he explores the fundamental elements of trust, the evolution of financial institutions, and the revolutionary impact of blockchain technology.
Check out the original article at Scaling Trust: Bitcoin’s Role in Bridging the Global Digital Divide (Link: https://tinyurl.com/333rzvkj)
Links to check out
- Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies by Nik Bhatia (Link: https://tinyurl.com/5n6kxyze)
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“To have faith is to trust yourself to the water. When you swim you don’t grab hold of the water, because if you do you will sink and drown. Instead you relax, and float.”
~ Alan Wilson Watts
