More fundamentally, there's a factor outside of Zooko's triangle: trust isn't really transitive[1]. I trust my doctor and my doctor trusts their sibling, but I don't necessarily trust their sibling.
With that being said, I think there's a pretty rich research space here, and I think the edge/local aspects of this design are pretty interesting! I just hope we don't end up with a reinvention of historically insufficient web-of-trust architectures :-)
[1]: https://uhra.herts.ac.uk/bitstream/handle/2299/4349/904849.p...