X @Nick Szabo

This is also true of Bitcoin.There are no markets in Bitcoin without Bitcoin security. Nobody can with high security hold or trade Bitcoin without a trust-minimized blockchain. If negligent developers increase the need to trust participants or third parties to not abuse it, or if they otherwise introduce attack vectors, the value proposition of Bitcoin is degraded or destroyed.The good news is that the trust-minimized blockchain is nonviolent. During the gold standard era, gold was carried around the world ...