Although maybe not as strongly, I sympathize with your comment because of the feeling that we are moving
away from indirect reputation (like certificates, diplomas, etc) and towards direct reputation.
I've posted about it before:
"The reasoning goes: the reasons why we need degrees are certification and reputation. By certification I mean that we only let people who we all trust practice medicine, as that kills people directly otherwise. So we restrict the people who can to those with the appropriate degrees.
The second point is more relevant to most other careers. A degree is nothing but a more reputable institution 'lending' reputation to its graduates. The reason this is necessary is because nobody's got the time to verify whether every person knows Computer Science - we're better off just knowing that people from University of X know CS if UoX says so. Even if you're going to personally interview every candidate for a job opening, still relying on degrees helps you filter candidates.
The thing is our interactions are recorded to the level that we can now reason about individuals in a way that was not possible before. Why do I need to trust UoX if I can mine your entire internet presence with reasonably comparable effort?"
I still think we (broadly, the folks who seem to be the core audience of HN) are the ones most likely to make this transition first.
CSPA looks like a step in the complete opposite direction.
Personally, I too hope it fails as I think that if it ever becomes the norm the best case scenario is no better on my end; and in the worst case scenario, it can be a living nightmare.