N billion people on this planet. X hundred thousand hodlers. X ten thousand actual active developers/whales/promoters. Helps keep it in perspective. > Why don

N billion people on this planet. X hundred thousand hodlers. X ten thousand actual active developers/whales/promoters. Helps keep it in perspective. > Why don't we have an alternative for people who don't have any problems with trusting someone for keeping the database of digital asset ownership. Why do we even need a database? I can put a deed into my safe deposit box. I can show it to provide proof of ownership, but how often do I need to do that? There are very few civilian documents that actually need to be in a database. Your next of kin, so the government can figure out what to do with your stuff. A few records to do with citizenship, identity, ownership of regulated things (cars, houses, certain chemicals and whatnot), taxation: the stuff of basic civilization and democratic society. And anyway, most of it shouldn’t be in a public database. Pretty much everything else is contractual between private parties, who will want to keep physical copies; perhaps multiple copies, and while they might use databases as well, those aren’t the essential bit nor are they likely to be open to the public. If you want a public record, you instagram the money transfer and paperwork.