New Books in Science, Technology, and Society cover image

Rhea Myers, "Proof of Work: Blockchain Provocations 2011-2021" (MIT Press, 2023)

New Books in Science, Technology, and Society

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The Importance of Trust in a Trustless Society

Bitcoin white paper gives a very good phrasing of the problem but it misrepresents what trust means. We want to be able to walk down the street without someone stabbing you or mugging you i would not want to live in the trustless society that those who define it as not being able to trust anyone imagine except be a very cold and lonely place. It's like wanting to remove the need to assume that things will be okay to sort of trust that things are going to be okay so we really need a better word for it.

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