You simply do not understand the bitcoin. Bitcoin is designed so that 'trust' can be out of formula in transactions. People 'trusted' MtGox. That's the problem, not with bitcoin. One of our intern recommended MtGox as trustworthy when I was searching for exchange services. I didn't trust it and I was right.

But in order to make a transaction, trust must be somewhere in the process, paradoxical, it seems. Because our society, whether you like it or not, is based on trust.