this post was submitted on 08 Jul 2023
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Because then there would need to be a centralized entity to host all user accounts, and we don't want centralization 'round here
And all of the "decentralized" options are wrapped in crypto schemes and tax considerations.
You could do what Oauth does, allowing many providers to create credentials. That's what some sites already use to let you login with google/Facebook/etc on their site. Except you theoretically could use any arbitrary sites you trust.