...“blockchain trust” can be defined as generalized trust, since it does not deal with personal relationships; it is a form of distributed trust, because the truth is ensured not by a centralized body but through a consensus of all the participants; it has both affective and cognitive aspects of trust, due to the fact that although human elements w... See more

Yet many other cryptocurrency believers, including a cross section of techies and businessmen who see a chance to disrupt the bank-centric payments system, are de facto chartalists. They describe bitcoin not as a currency but as a payments protocol. They are less concerned about its appeal as an intrinsically valuable thing and more with the underl

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