saintbellarmine

Thou art too wise sir. I guess we all have to do is to first wait and see how the implementation is done.

Rofl, I definitely share some of the sentiments you have regarding crypto is a scammers paradise. That is pretty much due to ICO's imho. What you might want to do, if you do use this in production servers, and I am sure the keybase team will add the option not to use it, it is open source. So you can easily simply remove that, I know that creates a bit of work and will therefore make it harder. I am just saying if this is being used in something that you find as useful, than the extra effort is definitely worth it. There simply isn't a tool like Keybase out there anyway. They literally solved the WOT issues related to PGP, and now they are adding some extra features which can potentially lead to other use cases. There are always upsides and downsides to anything. Imho, the upsides here might be justified, given the unique position that keybase is in.

Yeah, main thing is that part can be easily taken out for those who do not want it. Should not be an issue at all imho.

While I generally agree, there is a difference between what bankers are doing atm with their ledgers and SOME projects in the private permissioned ledgers space. The difference is that they are not Byzantine fault tolerant, and distributed. If even just between each other, so there isn't the sort of robustness that you would have otherwise. It reduces a lot of overhead they have atm, with their ACH system. Which works, but it is not perfect.

An analogy I can be able to give, is banking is double entry book keeping. DLT's are triple entry book keeping, there is simply many things that their current ledger entries can't do. DLT allows their money to become commodity money, there is also a bunch of contracts that can be added on top of that. So main thing is banks could be able to potentially offer many more services than just verifying payments, at a much lower cost reducing the amount of employees they need. Make more offices or w/e else bankers do lol.

I was wondering the same, why not add more options, just make it easy for people to get paid by whatever they want. Its also possible to simply just put a .txt on your public shared library and you can always list everything and anything you want there. Its just nice to see all that nice verification in the public profile nice and easy to see for everyone else.