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> portable, digital identities and assets that transcend any specific virtual realm Why not just have a government or trusted company sign things rather than a

> portable, digital identities and assets that transcend any specific virtual realm Why not just have a government or trusted company sign things rather than an NFT? If the UN says "we will digitally sign digital passports", that seems strictly better than an NFT for identity. Without a central authority to verify identity, how do you solve the problem of a thousand people creating NFTs saying they're john doe living at location X? Don't you need someone to validate it, at which point you have a central authority? Or is this for digital assets like "I own this git repository", which you can already do by signing it with your gpg key and then distributing it via ipfs or such? > can't be arbitrarily erased by any central authority. Sure they can be. If a government creates a law saying "anyone that processes NFTs must first put them through this list of NFTs to filter, must filter them out, etc, or go to prison", well, now NFTs are effectively erased.

logicchains 6y ago
>If a government creates a law saying "anyone that processes NFTs must first put them through this list of NFTs to filter, must filter them out, etc, or go to prison", well, now NFTs are effectively erased. Just like how the government successfully erased the drug market by making drugs illegal.
anonporridge 6y ago
Here I'm talking more about pseudonymous virtual identities that aren't necessarily publicly tied to meat world people. Digital passport for verification of physical world identity probably will be some government agency. Boy would it suck if they 'accidentally' delete your digital identity and suddenly you can't participate in any social media. As more and more of our lives go virtual, this could legitimately become a prison like punishment and hopefully there's an arm of the justice system that manages that transparently.
- paulmd 6y ago
  You mean like getting your facebook profile banned? As always, this always exists and the question is why Facebook would want to give up their centralized control of it, just like national central banks won't willingly accept loss of control over their own currencies.

logicchains 6y ago

>If a government creates a law saying "anyone that processes NFTs must first put them through this list of NFTs to filter, must filter them out, etc, or go to prison", well, now NFTs are effectively erased. Just like how the government successfully erased the drug market by making drugs illegal.

anonporridge 6y ago

Here I'm talking more about pseudonymous virtual identities that aren't necessarily publicly tied to meat world people. Digital passport for verification of physical world identity probably will be some government agency. Boy would it suck if they 'accidentally' delete your digital identity and suddenly you can't participate in any social media. As more and more of our lives go virtual, this could legitimately become a prison like punishment and hopefully there's an arm of the justice system that manages that transparently.

paulmd 6y ago
You mean like getting your facebook profile banned? As always, this always exists and the question is why Facebook would want to give up their centralized control of it, just like national central banks won't willingly accept loss of control over their own currencies.