I like this framing: "Trustless" is about being able to trust by choice rather than by obligation.

I like this framing: "Trustless" is about being able to trust by choice rather than by obligation.

https://warpcast.com/aviationdoctor.eth/0x3af0553f

A doodler and computerer. I like permissive/permissionless open source, smart contracts, p2p systems, room-scale VR, and NixOS.

shazow.net

Currently: WhatsABI

We can't verify that the bank is operating correctly, so the trust must be implicit. Maybe obligation is not the best word?

not sure about this one - I could choose to sell my USDC and hold my money in a bank as fiat, that doesn't mean the bank is trustless right?