Establishing Trust In The Bitcoin EcosystemOn October 31, 2008, Satoshi Nakamoto proposed “a system for electronic transactions without relying on trust.” Yet, it can be fairly argued that trust, or a lack thereof, has been at the heart of the troubles in the bitcoin ecosystem since that day. While the technology has been and continues to be robust, the failure of a few individuals to meet their fiduciary or legal obligations has maligned bitcoin’s image and damaged its relationships with consumers.
http://techcrunch.com/2015/04/16/people-arent-algorithms-or-an-argument-for-establishing-trust-in-the-bitcoin-ecosystem/