[supert56]

I am convinced that crypto/blockchains are slowly and pointlessly re-encountering the same problems that existing centralised systems and agencies were setup to solve.

It’s as if we are all disregarding the centuries of evolution that has gone into creating what we already have today. Systems that, whilst sometimes flawed, for the most part enable us to live our daily lives freely and easily. Systems that already have means of verifying people when you need to make an important transaction and that already allow for trust and stability. As the essay mentions making people the agents of their own verification with documents that you’d have to backup forever would be an absolute nightmare.

There is a reason we have centralised systems and there is a reason we can’t escape them.