After FTX: Rebuilding Trust in Crypto’s Founding Mission

After FTX: Rebuilding Trust in Crypto’s Founding Mission


The instinctive reaction, then, familiar to all who have had trust broken, will be to vow to never be that vulnerable again. In finance, we do now have the technology to facilitate a relatively trust-free financial relationship with atomic swaps, transfer monitoring and balance verification. But, just as our bruised souls almost always eventually recover from personal disappointment and we again open our hearts to others, we will see that we can’t live without centralized services that require us to believe they are doing what they say.

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