What if there was something like Etsy, but instead of being a centralized site, it was more like a webring or a federated service for finding the exact indie sellers/products/services you want?
easy to federate: announcements
reasonably practical to federate: reviews
difficult to federate: payments, user reputation
One of the things Etsy offers to sellers is fraud detection. Not just stolen cards, also people who lie about not receiving products. Centralized services function as a "root of trust"; it's much harder to create a trustless system for this.
It's what (yuck!) blockchain algorithms were invented to solve, but they have their own problems.
That's a very good point!
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