Bitcoin is a technology that enables users the most trust-minimized form of transacting to date. To better understand the implication of this requires a deep-dive into topics of: computer science, finance, economics, humanities etc.
Trust plays a significant role in human society; for example, trust through commerce, or trust in our institutions. Trust is even seen as a natural disposition in humans, traceable to the neurobiological activity and structure of our brains.
Through ingenious computer programming, the minimization of (the need for) trust underpins the technological revolution that underlies the Bitcoin blockchain. At its protocol layer, Bitcoin has trust programmed into it that cannot be easily changed. The software is open source and viewable by all.
However, if you are not a computer scientist Bitcoin still requires that you trust in the code. Further trust is then required in order to understand and learn how to use Bitcoin, which requires more trust in the product/service ecosystem built around Bitcoin. It is in these ways that the technological breakthrough of Bitcoin invites trust issues.
The mission of Crypto Humanities is to highlight and educate on these trust issues – and helping to alleviate these issues through education.