"You can trust that the phone is the property of the person who owns it, because the combination of sim card technology and pin numbers is very strong. Behind the user-friendly façade of chip and pin are cryptographic techniques of industrial strength. Indeed, the pin number technology used in cashpoint machines initially evolved as a question and response protocol to confirm nuclear weapon access codes. You can trust that this person who owns the phone is who they say they are: that basic act of trust is fundamental to the operation of all money systems."
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When Bitcoin Grows Up, London Review of Books (21 April 2016).
https://en.wikiquote.org/wiki/John_Lanchester
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John Lanchester
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