Why the excitement for "Digital Identity"? Bitcoin's strength is we can pay / be paid and not care about people's names or "identities".
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For instance, UBI, voting, & loans are some key examples. UBI requires no sybils bc one person could get income multiple times with sybils..
Finance depends on neither true-name voting nor UBI, leaving loans as IMHO the most interesting point here.
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It seems to me that all of Kate's examples don't really require an anchor to IRL identity. Eg: Equifax farms "reputation", not ID per se.
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Reputation needs an anchor. Equifax ties to SSN. It's your corporate identity by law. How is that not identity?
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There are anonymous people on the net that I would feel confident lending money to, Reputation does not have to be tied to IRL identity.
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Yes but you know you're dealing with *one* identity even if you don't know who they are. Anonymous & identity not mutually exclusive.
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I'd lend $10k @ 4% to
@EFF as readily as I would to any other identity that I calculated had a good rep. Individual or group. Rep only. -
Anonymous or not. And make no mistake - this calculus can be codified. Automated. Banks/govs/rating agencies want, not need, personal info.
End of conversation
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