I’m fairly positive title insurance has nothing to do with losing the title. It’s dealing with the problem: someone sold you a house, but they weren’t actually

I’m fairly positive title insurance has nothing to do with losing the title. It’s dealing with the problem: someone sold you a house, but they weren’t actually allowed to do that. With possibilities ranging from they didn’t actually own the house, to they were mentally competent to make the decision, to the house was incorrectly registered in the gov systems. You would still need this in a title-in-NFT world, because an NFT is just supplanting the government title office, which is actually the final source of truth on ownership (not the literal paper title). And like the government office, which is really acting as a convoluted database (which is all the NFT chain is doing as well), you still have all the problems of dealing with fallible humans. It’s basically a case of the naive rewrite — the current solution is too complex, so we’ll scrap it and start over… without realizing some of the complexity was accidental, but it was largely essential from dealing with all the edge cases.