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I want a word for the type of anti-scale problem you see in identity. Most people who don't work for Equifax can agree that ideally everybody should own their o
by hectorr1 9y ago
I want a word for the type of anti-scale problem you see in identity. Most people who don't work for Equifax can agree that ideally everybody should own their own identity, control it, and be able to monetize it if and when they chose to. The problem is the crypto doesn't scale up from a UX perspective, and the economics don't scale down. So it makes sense to build Orwellian centralized services from an economic perspective.
One of my hopes for the Bitcoin bubble is that someone figures out how to get a 100x improvement on private key management, including the messy forgotten password / lost 2FA device problems where crypto meets meatspace.