• @nom345
    link
    13 months ago

    Banks and firms that uses their services are audited thoug. It is not blind trust. And regadress the tech used there would sitll be audits.

    • @QuaternionsRock@lemmy.world
      link
      fedilink
      23 months ago

      Agreed, audits are beneficial in virtually every situation. I just think that, of all the well-formed arguments to be made against cryptocurrencies (especially PoW coins), the fact that it is software isn’t one of them. In my opinion, fueling distrust of software in general is ill-advised.

      • @nom345
        link
        13 months ago

        The distruss to software is not against all software. Blockchains are usually advertised as trustless, so the argument against that has to be made as you have to trust the devs. The trustless argument is weak on other fronts also, but this is one side of the issue.