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The problem, in a nutshell, is that our money currently depends on trust in a third party for its value. As many inflationary and hyperinflationary episodes during the 20th century demonstrated, this is not an ideal state of affairs.

I think payments will be integrated into the vaccine passport apps as a "convenient feature" at first and used to introduce central bank digital currency later, possibly as UBI. The central bank digital currency will not be blockchain based but instead, very centralized and controlled.

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Vouches, for example from friends, colleagues or landlords, and web of trust can help to trust individuals. While personal IDs are a dangerous concept, non-government IDs from NGOs or companies are easier to access than the gatekept, single point of failure of government ID systems.

When working with others, avoid getting personal if it can be helped, and never trust anyone. For example most of us at Benzo don’t know each other’s real names, and even after working together for almost a decade still don’t trust each other.

Many of our teenage clients, especially those seeking IDs for parties, hail from the Netherlands and the USA. For those seeking ID cards for immigration purposes or to open bank accounts, most clients come from within the EU. Regardless of their origin, our clients frequently recommend our services to others, leading to a steady increase in our clientele.