[2015-06-09]DMT - Bitcoin and Blockchain Technology To Shift Trust Paradigm

[jdebunt]

http://digitalmoneytimes.com/crypto-news/bitcoin-and-blockchain-technology-to-shift-trust-paradigm/

When it comes to using Bitcoin, many people see it as taking a “leap of faith”. Everyday consumers are now blindly putting their faith and trust in banks and financial institutions, even though these entities have already proven – multiple times – they can not be trusted. But who is trusting Bitcoin more than fiat currency, which is still backed by “something” or “someone” tangible?