> We think we have internet identity system figured out. We don't “We” do. There are companies that have very strong security and IAM protections. Others have

> We think we have internet identity system figured out. We don't “We” do. There are companies that have very strong security and IAM protections. Others have chosen to invest almost nothing. Your vague wording conflates these two very different things. Some companies have a great concept of identity and have placed high value on identity verification. Free email accounts aren’t protected the same way retirement investment accounts are because they carry different risk profiles and different value.