I can go to a website and log in without a signup process involving my name and birthday and email. Then buy something digital and the seller doesn't have to deal with chargebacks. Looks like a problem solved for two users to me.
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Replying to @StittsHappening @thijsniks
Oh. And no more giving a unique password to every site and waiting for confirmation emails. I just click "connect wallet".
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Replying to @StittsHappening @thijsniks
Being able to move money on bank holidays and weekends has also been super useful for me.
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Replying to @StittsHappening
Every country except the US has that already
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Replying to @thijsniks @StittsHappening
With regards to the sign in stuff: How’s that different from OpenID?
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Replying to @thijsniks
The security of openid is far more complicated. If someone hacks the resource server, they can impersonate anyone. Web3 logins have all the keys controlled by the user.
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Replying to @StittsHappening @thijsniks
So many places for compromise in openid: https://tools.ietf.org/id/draft-ietf-oauth-security-topics-05.html#rfc.section.3.7.2 …
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Replying to @thijsniks
Well that's a different goal post. Something being a problem for a user and them caring about it are not necessarily connected. Users often don't know what to care about when it comes to security.
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Replying to @StittsHappening @thijsniks
Users *should* care about their accounts being compromised
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There are many things users are supposed to care about but they don’t ¯\_(ツ)_/¯
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