> We can do it all centralized already but we would also all need to trust whoever is hosting this data and trust every single person who has the ability to ent

> We can do it all centralized already but we would also all need to trust whoever is hosting this data and trust every single person who has the ability to enter the data. There are plenty of ways to minimize trust required with traditional cryptography though, this is not all or nothing, we have been doing this since PGP. You can get the overwhelming majority of the benefits with none of the drawbacks.