[lostcolony]

>> At least with crypto, the chain of ownership is transparent and can't be faked. So validation is cheap and easy to do.

In theory. The devil is in the details; does everyone know how to validate the chain of ownership, even the most non-technical of users who must rely on the system? If not, you either will never be mainstream, or you're reliant on a trusted agent to validate on your behalf (sorta like a title company!).

And if you screw something up with crypto, there is no way to address it. The complaint of "dealing with lawyers and trying to get someone to pay for it" is a feature, not a bug. Worst case, it's no different than the crypto outcome; best case, you have recourse.