Originally published at: https://www.channel-sea.cc/bitcoin-and-trust-are-equally-unavoidable-bitcoin-magazine/
Why webs of trust may be unavoidable even in an optimally decentralized world. The first time I encountered the concept of a web of trust I was perusing the “Gnu Privacy Handbook” as any good privacy advocate would do. At the time that document was written in the late 1990s, PGP in email was a…