managing and protecting nyms...

[Tyler Durden]

Late reply I know.
But as I like to repeat, in the credit card world there's little or no
reference to meatspace per se. In the vast majority of card defaults no
real-world collateral is taken: It's more often than not written off, but
one's reputation is damaged for seven years. Commercial cards are the same,
even more so: They are 'uncollateralized' short term loans.

As the population increases and physical world collateral goes to zero, seems
to me the only thing many humans will "own" is their reputation: Their
physical world assets will be uninteresting or negligible. Is this the same
thing as anonymity?

Of course, many folks will have many reputations and will choose to burn one
every now and then to cash in or take a big risk. But even now it's possible
to detect when a reputation is about to blow and so any loans are quickly
ramped down.

-TD

> Date: Sat, 7 Nov 2009 08:36:40 -0500
> From: roy at rant-central.com
> To: teddks at gmail.com
> CC: cypherpunks at al-qaeda.net
> Subject: Re: managing and protecting nyms...
>
> Ted Smith wrote:
> > On Fri, 2009-11-06 at 15:59 -0500, Roy M. Silvernail wrote:
>
> >> Hey, it's great to relive the classics! :)
> >
> > And it's great to have a front-row seat to the replay, for us
> > second-generation cypherpunks who never saw the original!
>
> Second-generation?  Man, do I feel old!
>
> Detweiler's rantings may not be fully accurate, but they do serve to
> outline the basic ideas of pseudonymity.  They're worth a visit, if only
> for some historical perspective.
>
> http://sattlers.org/mickey/culture/humor/items/Geekish/theoryOfNymity.html
>
> As well, Tim May's Cyphernomicon has some good info about reputation
> capital.
>
> https://www.cypherpunks.to/faq/cyphernomicron/chapter15.html
>
> Cory Docterow calls reputation capital "Whuffie", and goes into some
> detail on how it might work (assuming a slightly sci-fi infrastructure
> in the bargain).
>
> http://en.wikipedia.org/wiki/Whuffie
>
> Even without Docterow's Whuffie meter, repcap exists today. There are
> quite a few nyms that I trust to be reputable, even though I've never
> met them in person and don't know their True Names.
>
> Welcome to the Other Plane.
> --
> Roy M. Silvernail is roy at rant-central.com, and you're not
> "It's just this little chromium switch, here." - TFT
> http://www.rant-central.com

_________________________________________________________________
Windows 7: It works the way you want. Learn more.
http://www.microsoft.com/Windows/windows-7/default.aspx?ocid=PID24727::T:WLMT
AGL:ON:WL:en-US:WWL_WIN_evergreen:112009v2