Crypto is supposed to reduce or remove trust when it comes to transferring value between parties.
But in real-world situations like buying something, hiring someone, or making agreements, you still end up trusting the other side to follow through.
Even with smart contracts, there’s often some dependency on off-chain actions or verification.
Why do you think this gap still exists?
Why does crypto still rely on trust in real-world deals?
byu/Bisu40 inCryptoTechnology
Posted by Bisu40
1 Comment
It is not the problem of verification; it is the problem of enforcement.
Blockchain is extremely efficient in verifying and enforcing what is entirely within its domain. As soon as the transaction relies on external activities (delivery, service, legality), there is no way to ensure the result by itself.
That means you end up back with laws, reputation, or intermediation.
Therefore, it is not that blockchain has somehow been unable to eliminate trust, but simply relocated it.
The real question is not “was it done” but “what if it was not?”