🧠 Is Bitcoin really the 'Currency of Trust'?
Recently, a video by historian Yuval Noah Harari has been widely circulated on social media, in which he refers to Bitcoin as the 'Currency of Distrust'.
This statement sounds like a criticism of Bitcoin, but the reality is not that simple.
🔍 What does Harari really mean?
Traditional finance relies on:
Government
Central Banks
Financial Institutions
Whereas Bitcoin's philosophy is precisely the opposite.
Bitcoin does not require you to 'trust a person or institution'; rather, it allows you to verify everything yourself through code, mathematics, and consensus mechanisms.
This is not 'no trust', but rather a transfer of trust from people to technology.
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🔐 Bitcoin: Distrust or a New Form of Trust?
The core philosophy of Bitcoin is:
> Don't trust, verify
You don't need to trust banks or policymakers.
You only need to trust:
Open Source Code
Cryptographic Algorithms
Decentralized Networks
This is a transparent, verifiable trust mechanism.
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⚖️ Final Thoughts
If traditional currency says:
> 'Please trust us.'
Bitcoin says:
> 'Verify for yourself.'
Is this a 'trust crisis' or 'financial evolution'? The answer depends on which side you stand on.