Identity is local, insecure, and labor-intensive. A public blockchain can be global, secure, and automated.https://www.washingtonpost.com/lifestyle/magazine/what-happens-to-people-who-cant-prove-who-they-are/2017/06/14/fc0aaca2-4215-11e7-adba-394ee67a7582_story.html …
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Replying to @NickSzabo4
You're not going to put bodies on the blockchain. DNA? Fingerprint hashes? Tattoos?
1 reply 0 retweets 4 likes
Replying to @BillStewart415
No, the point is that, where smart contracts can be used, it's far cheaper to do trust-min smart contracts that don't depend on identity.
12:43 PM - 18 Jun 2017
1 reply
2 retweets
7 likes
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