When Twitter was recently hacked, hundreds of popular accounts started tweeting out misleading advertisements for cryptocurrency scams. The problem was not cryptocurrency itself, but rather the broken centralized identity systems that Twitter (alongside all modern internet services) relied upon. The solution, as discussed in this podcast, may actually be cryptocurrency technology itself. Peter and Daniel define decentralized identity, review how it can solve problems like the Twitter hack, and highlight upcoming software releases from Microsoft and others, the Ion protocol layer atop Bitcoin, that could radically improve our digital identity tools for the betterment of security and freedom online.
