As artificial intelligence deepfakes proliferate and governments push biometric identification systems, a fundamental question emerges: Can cryptocurrency fulfill its promise as a tool for human empowerment? Shady El Damaty, co-founder of Human.Tech, argues that embedding rights into blockchain architecture isn't just idealistic—it's existential for the technology's survival.
The article identifies core principles currently missing from many crypto projects: 【Self-custody】 solutions accessible to non-technical users, 【censorship-resistant】 methods to verify human identity without surveillance, and 【privacy-by-design】 systems that make data protection the default rather than an option. These aren't features to add later—they're foundational requirements.
——When centralized exchanges collapse, users pay the price——. The 2022 FTX disaster exposed how most self-custody tools remain impractical for mainstream adoption. Next-generation solutions must balance security with usability, eliminating fragile key management systems that currently exclude billions.
With chatbots now indistinguishable from humans, proving personhood online becomes paradoxically harder. The piece warns against state-controlled digital IDs, advocating instead for decentralized alternatives that preserve anonymity while preventing bot dominance—a technical challenge requiring urgent innovation.
Unlike Web2's surveillance capitalism model, Web3 systems should automatically encrypt transactions and minimize data collection. The analysis suggests current projects focus too much on transparency features favored by regulators rather than user protections.
Critics argue ethical frameworks could be weaponized, but the counterargument proves compelling: Without values coded into smart contracts, crypto risks replicating the power imbalances it promised to dismantle. The solution? Transparent governance models that distribute control beyond founders and investors.
As the EU finalizes AI regulations and governments expand digital surveillance, the time to act is narrowing. The article concludes with an urgent call: Blockchain developers must stop treating human rights as compliance issues and start recognizing them as core protocol requirements—before centralized alternatives cement control.