Basement Waterproofing - Paint peeling off of the basement walls

This is a really common sight in local Delmarva basements. A lot of people paint the basement walls with a thick "waterproofing" paint. The idea is to lock out the moisture and keep the basement dry. The only problem it that the water vapor builds up behind the layer of paint and then pops through. Not only does this look awful, but imagine the cost and effort of painting it over and over again.