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this post was submitted on 11 Feb 2024
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Each of those perfectly illustrates the problem with adding in a layer of abstraction though:
Bitcoin is a perfect example of the problem. Since almost nobody understands how it works, they keep their coins in an exchange instead of a wallet and have completely defeated the point of cryptocurrency in the first place by reintroducing blind trust into the system.
Similarly, the TLS ecosystem is problematic. Because even though it is theoretically supposed to verify the identity of the other party, most people aren't savvy enough to check the name on the cert and instead just trust that if their browser doesn't warn them, they must be okay. Blind trust one again is introduced alongside the necessary abstraction layers needed to make cryptography palatable to the masses.
Lastly, people have put so much trust in the face scanning biometrics to wake their phone that they don't realize they may have given their face to a facial recognition company who will use it to help bring about the cyberpunk dystopia that we are all moving toward.