> The potentially nice thing about cryptocurrency in this regard is that you hav... | Hacker News

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dragonwriter on March 20, 2018 | parent | context | favorite | on: Breaking the Ledger Security Model

> The potentially nice thing about cryptocurrency in this regard is that you have more control and transparency about who you're trusting

No, you don't. That's, like, the exact opposite of the whole model of cryptocurrency, which is trusting an anonymous collection of people.

aeternus on March 21, 2018 [–]

The model of cryptocurrency is more accurately: trust a majority (50%+) of participants to act in their own financial self-interest.

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