Earlier quoted context omitted.
You wouldn't trust a chain that long with something that sensitive. WOT gives you the ability to have different tiers of trust. If you verified the identity yourself then you can trust it completely. If you accept people verifiying identities on your behalf then you can choose exactly who you trust (ie. not everyone). It not only makes the delegation explicit, it gives you much more fine grained control about how muc…
Yeah, web of trust gives me the option to manually decide, every time, if the chain(s) of trust looks "good enough" for me to trust the other party. There are two problems with this: 1. This is a ton of work and a lot of guesswork even for educated individuals. I end up looking at either explicit chains of trust (I trust Bob and he trusts Alice and she says that this is definitely my bank's website) or some random va…
Except that none of those companies bother verifying one's identity if you're not actually paying for their services.
> and see if one of them vouches for their banking website.
In that scenario, could I not just verify the bank's public key when I'm physically in one of their branch locations while opening an account? They could also verify my public key at the same time. That would allow for a direct line of trust. The same could apply to any company one deals with.