Wisdom

Spread trust across many stakeholders

Quote

I think they do that people do trust us, but it's almost too much. I don't want to expect that out of people. You know, I'd rather have somebody a few other people that are involved

Episode 184: Donor Bone (episode page, opens in a new tab) 00:47:24 (play audio from this timestamp, opens in a new tab)

Speaker-labeled

Summary

For a podcasting e-cash mint, Dave would rather not ask people to trust just him and Adam (people trust them almost too much). He'd want the mint held in trust by many stakeholders, such as hosting companies and apps, because 'trust but verify' means other people are involved in the verifying.

Not in the audio. Context is a Cashu/e-cash mint experiment. The 'held in trust by many stakeholders' vision is from the 00:45:11 turn.

Also said

  1. Episode 210: Mothership Node (episode page, opens in a new tab) 01:10:10 (play audio from this timestamp, opens in a new tab)

    people that have proven to be trustworthy. And that includes anyone who's willing to take on that responsibility. And so decentralizing doesn't mean, you know, like it doesn't mean deauthorizing.

    Voice-matched