Nothing wrong with them. You're addressing the issue of authentication, but there are more systemic problems to the internet than just authentication. Such as,

Nothing wrong with them. You're addressing the issue of authentication, but there are more systemic problems to the internet than just authentication. Such as, preventing network timing attacks to figure out which internet subscriber is communicating with another subscriber, by routing more directly between two peers, thus bypassing surveillance points as much as possible. It should also be possible to defend against nationstate enforced network splits by introducing adhoc connections, as easily as deploying a pair of devices across borders. There might ideally be a method of compensating routers in real time with some distributed currency, to incentivize the growth of this network. It's really difficult to bypass surveillance efforts by global telecoms, when most people get their internet channeled through central systems.