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The reason I'm keen about pseudonyms is because by detaching real-world identities from credit requirements, we can greatly improve access to finance. If new p
by Mengkudulangsat 5y ago
The reason I'm keen about pseudonyms is because by detaching real-world identities from credit requirements, we can greatly improve access to finance.
If new pseudonyms are treated with extreme suspicion then so be it, but there should be a way for the pseudonym to progress from there solely through transactional behavior.
Even if the amount of credit the market becomes comfortable with through this scheme is $100, that could make a big difference in developing countries.
- deleted 5y ago[deleted]
- saalweachter 5y agoEh, it just becomes iterated prisoner's dilemma. If someone is operating under a pseudonym and can walk away from it, you're playing an iterated prisoner's dilemma where one party knows on what turn they will defect and the other doesn't. With real identities, the iteration only ends in the death of one party, the timing of which is seldom known to anyone (although will statistically be taken into account).