Personally I think it should be a government provided service, not something with a sign up fee. There's actually no point at all in building this if people have to pay to use it, because they won't
My point was to create something outside a specific government, with very limited information... that would require a fee or some kind of funding.
I don't think I'd trust the US/China or other bodies to trust each other for such a use case.
Ideally, yes
But you're right, this isn't likely to happen in real life and I'm just being wishful. Instead we're going to get the much shittier capitalist version of this where every company and government spies on us and we have no expectation of privacy online at all