What might happen in the future is a way to encrypt the identity of users. Similar to what Spiral is trying to do with web5 and decentralized identifiers (identities are verifiable but personal data is encrypted and backed by IPFS.) As long as supply and the ledger are transparent, this might not be a problem…whether I’m right or wrong, definitely open to hearing thoughts on this.
Web 5 is a project that I’m very excited about, as it seems to be a way to build a decentralized internet secured by Bitcoin. Just hoping it turns out how it seems, and not DINO