And I thought we all made fun of "the blue checks" bc it implies they think theyre important.

Do you know where it is explicitly stated that there is _no_ verification?

This is a misunderstanding. The public figure verification system isn't being discontinued, it's being shifted over to a secondary tag that says "Public Figure" or something. Like what you see with the "Russia state-affiliated media" tag some people have.

Exactly, the lords stay lords, the peasants stay peasants and for most of us nothing changes. For the lords it'll get more complicated though because the tag system will signify a transition from a two-class society to a multi-kaste system.