Part 5/5:
This erosion of trust, Garg argues, is a key driver behind the rise of decentralized technologies like crypto, as people seek alternatives to the centralized systems they no longer fully trust. He suggests that this decline in trust is a reflection of the need for a reboot of many of these institutions, which have atrophied over time.
Garg believes that technology can play a role in addressing this trust deficit, but it must be accompanied by a renewed focus on social cohesion and community-building. The challenge is to find the right balance between leveraging the power of technology and maintaining the human connections that are essential for a thriving society.