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RE: Cryptocurrencies, Blockchain and Value by culgin

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Viewing a response to: @lishu/cryptocurrencies-blockchain-and-value

· @culgin ·
$0.02
Essentially, blockchain brings trust as a service. In the various aspects of the world, it is so difficult to build trust. There is a constant need to have check and balances. There is a need for audits. There are multiple layers of approvals and checks to prevent fraud. Blockchain and smart contracts are here to simplify things. And I think that's the inherent value we are talking about

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@crypto.piotr ·
Love your comment @culgin

Thx for dropping by buddy
Piotr
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@lishu ·
Yep, you nailed it, configurable, on demand, participatory by choice, global trust is the new game. 

I believe I lack even the most fundamental knowledge about checks and balances and I agree that this is a very important aspect of what blockchain can facilitate. Do you have any recommendations where to research this a bit, preferably video because my brain processes it better in this format :)
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