Re: "Decentralized Identifiers": Bitcoin Cargo-Culture and Land Grabbing for the Top Level Names

+1 John. The economic model we are working in transcends the market economy
limitation.

-H

On Mon, Apr 9, 2018 at 9:02 AM, Jordan, John CITZ:EX <John.Jordan@gov.bc.ca>
wrote:

> Hi All
>
> I think there is more than one economic model and that there need not be a
> zero sum game in terms of the incentives for why organizations might
> participate in an SSI ecosystem. There could be a number of different
> models that all together form a rich fabric of incentives for a full
> digital ecosystem.
> For example, government (which I work for), underpins the economy by being
> the source of truth for identity (both persons and legal entities) and
> setting the ground rules (e.g. laws) for economic activity. Our incentives
> are quite different and not a source of revenue but an enabling
> prerequisite to a functioning economy. I would encourage the community to
> think broadly about this and recognize that we need to keep working at
> creating conditions which encourage the full participation of government in
> the establishment of digital trust for people and legal entities which, in
> my personal opinion, is strongly needed.
>
> John
>
> On 2018-04-09, 6:02 AM, "Manu Sporny" <msporny@digitalbazaar.com> wrote:
>
>     On 04/09/2018 03:56 AM, Dennis Yurkevich wrote:
>     > What are the economic incentives for implementers to store DIDs
>     > forever?
>
>     Fundamentally, nothing is free and these decentralized systems need
>     money to operate. In every one of these systems, nodes are compensated
>     for participating in the network on an ongoing basis. Fundamentally, if
>     you run a node, money goes into your bank account. That's the economic
>     incentive.
>
>     > What stops method implementers not creating centralised and non SSI
>     > systems?
>
>     Nothing can stop that. The only thing the standards provide for is that
>     if such a system were to be built, it will be technically interoperable
>     with the larger system (but would lack some of the decentralized
>     characteristics that those of us in this community would like to see).
>     Market forces may doom such a centralized DID Method, but that happens
>     in the future... which is hard to predict. :)
>
>     -- manu
>
>     --
>     Manu Sporny (skype: msporny, twitter: manusporny, G+: +Manu Sporny)
>     Founder/CEO - Digital Bazaar, Inc.
>     blog: Veres One Decentralized Identifier Blockchain Launches
>     https://tinyurl.com/veres-one-launches
>
>
>
>


-- 
Heather Vescent
@heathervescent // www.heathervescent.com // skype: heathervescent