[leshow]

In Bitcoin, you trust the way the network as defined by the code has been set up, not the miners specifically.

In this situation you have the code to audit but you also have to trust the Stellar Foundation... I have to trust they are telling me the truth about how they are distributing the currency, that they won't sell their shares early, that these 3 people heading the foundation are going to act in my interests, etc.

What if the Stellar Foundation dissolves in a month? What happens to the currency?

[murbard2]

>In Bitcoin, you trust the way the network as defined by the code has been set up, not the miners specifically.

Wrong, you trust the miners not to collude and attack the network.

I know you've heard the claim over and over that Bitoin is trustless, but that doesn't make it true.