The Web of Trust is only trustworthy where the service is not valuable, such as essentially free PGP email, because only then is it not worth creating sockpuppet accounts.
Source quote, verbatim
So the only time WoT works is when the service is not valuable, such as PGP (email which is essentially free). Then it's not worth it to create sock puppet accounts, so in that case you can trust the WoT network.
From
Craig Calcaterra, Wulf A. Kaal, Gopinath Sivalingam, Reputation Protocol for the Internet of Trust - Conceptual Whitepaper (2018), Sockpuppet Protocol, p. 21 https://ssrn.com/abstract=3266953 · source PDF
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Craig Calcaterra, Wulf A. Kaal, Gopinath Sivalingam, Reputation Protocol for the Internet of Trust - Conceptual Whitepaper (2018). SSRN: https://ssrn.com/abstract=3266953
restated_bykaal:claim:3782210-011 The Web of Trust works acceptably for low-value information transmission but should not be used for transactio...
restated_bykaal:claim:3782210-008 A Web of Trust style reputation ledger, in which each party rates each transaction and reputation is summed wi...
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