(remote identity proofing and fraud mitigation is a component of my work in finance)
https://pages.nist.gov/800-63-3-Implementation-Resources/63A...
https://pages.nist.gov/800-63-3-Implementation-Resources/63A...
For example, the old Uber with the crazy thing they did. What if in the alternate universe they straight up got banned? That’s it. All investments would go to zero.
The zeitgeist of the time wouldn't have allowed that. Everybody talking about banning Uber or Airbnb was framed as an enemy of progress.
Lots of businesses can fail at any time. People still run them and work for them as long as it makes money, and WHEN it stops working, they stop that and do something else to make money. All business is ephemeral.
Businesses want to make money on the apps people want.
Businesses exchange money for goods and services.
You exchange money for food and shelter.