This framework is a useful metaphor for trust in society. The ultra-technological solution is to never rely on trust, so there's this idea of the "trustless transaction", especially in crypto (but just as relevant to traditional finance). Meanwhile, you have decent human beings trying to do business with one another, following their Abraham protocols.
This framework is a useful metaphor for trust in society. The ultra-technological solution is to never rely on trust, so there's this idea of the "trustless transaction", especially in crypto (but just as relevant to traditional finance). Meanwhile, you have decent human beings trying to do business with one another, following their Abraham protocols.