Verification of events still happens, but through the location, not individual events.
It doesn’t degrade trust at all. And it increases safety and security. Only benefits.
Discussion
And yes like Joe said, you can still verify individual events, but for the average person, that is a risk with no upside.
It's like an umbrella and a raincoat. You can have both, but if the umbrella is big enough then most people would probably ditch the raincoat.
you mean every time you receive a note you have to go on a server and ask if it's valid?