The moment "senders" are forced to put skin in the game, this issue goes away. The problem is the internet was a 4 layer protocol stack without any attending economic incentives or disincentives. In other words an economic stack. Plus it needed (needs) more layers. Risk is completely one-sided; namely on the receiver. We simply have to reverse engineer APSO (anonymous, permissionless, settlement-free, and open) to create a system that can be universally accessible to all. "Open and free" has failed.
The moment "senders" are forced to put skin in the game, this issue goes away. The problem is the internet was a 4 layer protocol stack without any attending economic incentives or disincentives. In other words an economic stack. Plus it needed (needs) more layers. Risk is completely one-sided; namely on the receiver. We simply have to reverse engineer APSO (anonymous, permissionless, settlement-free, and open) to create a system that can be universally accessible to all. "Open and free" has failed.