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RE: Cryptocurrencies, Blockchain and Value
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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Love your comment @culgin
Thx for dropping by buddy
Piotr
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 :)