We need trust to function on a day-to-day basis, but that ‘trust’ is actually based on ongoing fairness, but if things really go south, swift and final resolution.
In the olden days (and today) that final resolution was often meted out through violence (incarceration, at a minimum).
Now we have superior means of final resolution (cryptography) where violence is irrelevant.
quotingIRL - Internet Resolution Layer - that’s what I am starting to call it now.
note1mnx…s327
IRL is a layer where you can resolve (settle) transactions, and resolve (look up) data - all with cryptographically verifiable protocols, namely nostr, cashu, lightning and bitcoin.
