Encryption, Bitcoin, and Nostr solve transport, identity, and settlement. They do not establish reliability across time or adjudicate what happened when a deal fails. Those are institutional functions.
Reputation under pseudonymity is the starting point. A persistent key with two years of public history has something to lose if its holder cheats. Most transactions need a narrow fact, and zero-knowledge credentials extend selective disclosure without handing over the underlying record.
Reputation under pseudonymity is the starting point. A persistent key with two years of public history has something to lose if its holder cheats. Most transactions need a narrow fact, and zero-knowledge credentials extend selective disclosure without handing over the underlying record.
