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1513 sats \ 2 replies \ @oleg OP 21 Dec 2022 \ parent \ on: Fulgur Ventures AMA bitcoin
I wish I knew, but if I knew i would pitch to someone and help them build. True convergence between decentralized finance and decentralized internet. True no-custodial P2P micropayments in applications with high frequency sub-dollar transactions. Replacement of login/password ecosystems with bitcoin keys derived authentication More consumer friendly home devices that actively participate in the network (meter readers, content distribution networks) I just can't imagine!
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912 sats \ 1 reply \ @kr 21 Dec 2022
how do you think the idea of replacing logins & passwords with bitcoin keys will be monetized?
will all consumer apps shift away from passwords?
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1352 sats \ 0 replies \ @oleg OP 21 Dec 2022
Personally I would pay for this because it solves a ton of logistic problems if done the right way, can improve personal data protection for an ordinary person and it can save a decent amount of time and mental overhead. Time and mental capacity are precious for almost everybody, I believe. So I imagine an app that charges a fixed fee or a subscription (with backup restore via multisig for example)
Replacement of authentication in all consumer apps is probably a huge challenge. Unless there is a way to recreate a new identity ecosystem that will overgrow MSFT/APPL/GOOG.
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