The Internet's Missing Piece: A Secure and Simple Identity System
2025-08-18
This article critiques the internet's flawed design separating identity verification from payments, leading to insecure and complex systems like passwords and third-party accounts. It proposes an ideal system: a single tap verifies identity and enables payments, offering security, ease, and user control. While the concept of 'being your own bank' was initially hampered by high barriers to entry, new tools like social recovery, smart wallets, and passkeys are simplifying secure, self-owned digital identities. The future promises a secure and user-friendly identity system, enabling safe digital lives without requiring users to be crypto experts.