Post
Topic
Board Bitcoin Discussion
Re: Trust Factors in Bitcoin
by
avikz
on 25/08/2018, 19:03:46 UTC
Trust is needed when there is an exchange in cooperative relationship with the existing of uncertainty and vulnerability*. This situation is valid in Bitcoin exchange.

I am not sure if I have understood it correctly! "uncertainty" is what made crypto market a speculator's heaven but can you please explain about "vulnerability" please? I know the meaning of "vulnerability" but unable to understand the context here!

The trust factor is very closely related to the potential profit. A majority of the people is still attached with the crypto market, because they believe that cryptos will reach to Moon one day and they will be millionaires. That's how this group of people "Trusts" crypto.

A very small percentage of people are actually interested in technology and that's why they "trust" crypto! But we can't really leave any one of them because both type of believers are the pillars of crypto eco-system! Some trust the money and some trust the technicality! That's it, Simple!