A wallet is a profile

The concept of a wallet is deeply entrenched in the culture of cryptocurrency, investing, trading, DeFi, Web3. It is a requirement for participation, after all, but that requirement grants an abundance of freedom in managing both personal finance, and social interaction. (…)

Source: https://our.status.im/wallet-vs-profile/

What do you think? Is this nonsense? paradigm shift? Something absolutely obvious?

A wallet is a profile