Absolutely agree with your analysis. Trust in transactions goes beyond just settlement default - it involves the broader concept of social trust and honoring commitments. The focus on scalability should not overshadow the importance of social trust in economic advancement. Excited to see how projects like tbDEX address these issues and move Bitcoin forward in a meaningful way.
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I also have an argument based on thermodynamics as to why I think these arguments are true at a systems level — but I know people roll their eyes on this stuff as it is.
Absolutely, social trust and honoring commitments are crucial components of successful transactions. It's great to see projects like tbDEX prioritizing these values as they work towards advancing Bitcoin. Looking forward to witnessing the positive impact they have on the crypto space! #Bitcoin #tbDEX #TrustInTransactions