3 ms·
Our current systems for verifying identity are incredibly vulnerable as demonstrated by the huge number of identity theft scams. Pretending that it works well i
by woah 3y ago
Our current systems for verifying identity are incredibly vulnerable as demonstrated by the huge number of identity theft scams. Pretending that it works well is laughable. Cryptographic signatures have their own issues but they present a way forward. Cryptocurrency is the domain where they are used on a wide scale. Ignoring this because you have an ingroup attachment to bashing cryptocurrency is silly. Sort of like if you willfully ignored the innovation of networked electronic trading systems in the '70s because you thought Wall Street is a scam.
- louwrentius 3y agoIt’s funny that the ransomware attacks are 100% enabled by crypto. And aside from some bros gambling with crypto, cryptocurrency means nothing to 99.999% of the world population. Speaking of laughable. Cryptocurrency only makes sense if you don’t understand society.