The rating agency that missed 2008 still rates bonds. The analyst whose thesis destroyed capital still moves markets. The regulatory oracle that was captured by the industry it governed still certifies compliance.
Nothing happened to any of them. The system was designed around granted authority, not demonstrated accuracy — because demonstrated accuracy requires a verification mechanism. Until now, that mechanism didn't exist at scale.
Three conditions aligned in 2025-2026: cryptographic anchoring mature enough to commit predictions before outcomes, AI capable of genuine inference over large evidence bases, and settlement rails distributing value in seconds to 42M wallets. PROOF is the first system built to use all three.