"Trust" is the real value. We know how to create "trust" using "trusted third-party" mechanisms, which turned out to be prone to abuse.
Blockchain drastically decreases the cost of demultiplying the 'trusted third-party'.
To the point where having a "trusted fourth party" and a "trusted fifth party", etc. becomes so affordable that "third parties" lose their privileged position ...
i truly love this reply :-)
Posted using Partiko Android