jfroma

I do the same but my unifi network gives me a vpn out of the box.

Just to add to your excellent description, one can draw an analogy between the id_token and a VC.

But an id_token usually has an audience which is the RP, and a short expiration. A VC is issued for the user (aka holder), with long or no expiration to store in wallet.

A VC is bound to the user’s did (think pk thumbprint) and is useless without a proper presentation. A verifier does not expect just the VC but a V. Presentation signed by the user.

This is where using id_tokens as vcs will fall short. Once you give it to one verifier, you could assume is public.

The good thing about VCs is that is standard and easy to grasp. There are too many flavors though

I remember we played Price of Persia without soundcard and one day my father came to tell me he saw the game in someone’s else computer and he could listen the steps and the junp.. we got a Sound Blaster 16 for that Christmas which came in a huge box. Bigger than a laptop today

Edit: maybe it wasn’t prince of persia, I am confused now.

The definition doesn’t say anything about legal, illegal or regulated. So, you have a different definition to most economists.

It is a market where prices are self regulated by supply and demand, without coercion. It perfectly suits for the exchange of of FIATs (or crypto) between parties.

You can call it whatever you want, anyways.

I recommend “Free to Choose” from Friedman as starting point.

Say the central bank of XYZ set a fixed rate of 100 $xyz per USD but it becomes illegal to buy USD and no any bank is willing to sell you USD. In a country like the United States you might hedge against inflation by buying some treasuries.. but in other places they just make it illegal to do anything else.

This automatically creates a “black market” of USD where the price is whatever the people are willing to pay, in the end the free market finds its way.