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by techdragon
849 days ago
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Yep… I can totally prove this random pseudonym/anonnym is definitely the same one that has… never been used before because due to social incentives you want zero links between identities and thus the web of trust is just a sea of filaments floating loose in an ocean An ocean filled with fish poop… It’s so great I can definitively verify that this ID is something… but that’s absolutely fucking pointless if I have no way to judge if the entity or entities controlling it, connected to it, supporting it, or even associated with it (to consider potential future actions)… the goal was noble but the implementation completely failed because to succeed would have required the participants to build anchors in the real world of verifiable identities… and for all the value people get from day to day use of cryptocurrencies… the biggest value of crypto was in staying as far away from the real world as possible allowing such things as drug purchases and international money laundering and illegal gambling at a level low enough to evade legal enforcement services coming after the players (since obviously if they could come after the casino/house they would since that’s where all the money is) |
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