Casey: Framing Bitcoin as a 'trustless' system is a problematic mistake
Michael Casey · a16z Podcast | The Five Stages of Bitcoin -- Disdain, Dismissal, Curiosity, Oh F**k!, and Acceptance · Jan 2, 2019 · at 8:46
Michael Casey, Wall Street Journal reporter and co-author of 'The Age of Cryptocurrency', discusses why Bitcoin needs public trust to succeed despite the crypto community's focus on trustlessness.
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“One of the reasons why I think they struggle with that is because they've come up with this meme that I think is actually problematic, and that is that there's no, we're a trustless activity. We don't need trust anymore. It's like, no, no, you absolutely do need trust, and you need them to trust you”
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