What this is starting to reveal is that there's a clear need for some kind of chain of custody system that guarantees the authenticity of what we see. Nikon/Canon tried doing this in the past, but improper storage of private keys lead to vulnerabilities. As far as I'm aware it's never extended to video either. With modern secure hardware keys it may yet be possible. The difficulty is that any kind of photo/video mani…
None of that works, it's simply theatre. I can just take a (crypto-signed) photo of another photo.
You are correct that I as a viewer can't just rely on a crypto-signature like a watermark, I'd have to verify the chain of custody, but if I wanted to do that, it is available to do so.