Trust is a commodity

If you are wondering what’s happening in the crypto market, and why it might be a plausible asset class for the future, it’s because social trust has become very scarce.

By social trust, I mean the trust that allows institutional systems to create social contracts with the general public.

With the advent of smart contracts blockchain systems, institutions like governments would have no other recourse than to engage these technologies to address the problems of social trust.

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