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Nick White @nickwhite___
, 5 tweets, 1 min read Read on Twitter
1/ "The Rational Optimist" by Matt Ridley has some exceptional quotes on trust that help shed light on why blockchain as a trust machine is such a profound innovation
2/ “As a broad generalisation, the more people trust each other in a society, the more prosperous that society is, and trust growth seems to precede income growth.”
― Matt Ridley, The Rational Optimist
3/ “What is miraculous is that in modern society you can trust and be trusted by a shopkeeper you do not know.”
― Matt Ridley, The Rational Optimist
4/ “The success of trust-based peer organizations such as eBay, Wikipedia, and the open-source movement, indicates that trust is a highly expandable network property.”
― Matt Ridley, The Rational Optimist
5/ At the end of the day trust is the key ingredient for social scalability and social scalability is the key ingredient for economic growth and mutual prosperity.
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