Notes on The Pseudonymous Economy – Balaji Srinivasan
Overview: [[Balaji Srinivasan]] looks at [[pseudonymity]], why have a pseudonymous economy, how might it work, and how could we build it.
[[pseudonymity]] is not [[anonymity]]. pseudonymity is not giving your real name, but you maintain it over time and develop a reputation on it. It provides [[accountability]], but it’s also a shield against character assassination. #[[To Ankify]]
[[pseudonymity]] is a continuum, not binary. They are widely used today, including by people high up in government.
4:00 The big next step is not just pseudononymous communication, but pseudonomyous transaction.
Drivers of increased use of pseudonyms: technological support, employment law (don’t want to be discriminated against), social media mobs.
5:30Pseudonymity provides not just freedom of speech, but freedom after speech. Opponents have to attack your idea, they can’t attack you.
Negative press is an attack on your social network.
Your bank account is your stored wealth, your real name is your stored reputation. Only you can debit your bank account, but anyone can debit your reputation.
9:20A possibility is separating your earning, speaking, and real names. Use your real name on official forums like social security numbers. When speaking use a pseudonym. To earn (this is the new part) – earn under a pseudonym, with a professional identity and you speak about things relevant to that identity.
You might have many different speaking names, many different earning names.
10:20 **We can already move wealth to a pseudonym, can we move reputation too? **Right now, you can only have 100% of followers and write under your existing name, or 0% of followers starting completely fresh with a new pseudonym. #Ideas #[[startup ideas]]
What if we transfer attestations rather than everything (i.e. the entire list of followers)? For example, build a new pseudonym platform that confirms that you’re verified (blue check) but nothing else. You can have multiple attestations (e.g. followed by @jack).
17:00 But how do you ensure people will follow? [[Balaji Srinivasan]] calls this “[[autofollow]]”. People would be on a network like this to follow pseudonymous accounts – they will autofollow anyone with over 100k followers, anyone followed by @jack, etc. You then automatically get followers.
An application like this would essentially allow you to move along a reputation-anonymity continuum, trading off a small amount of anonymity for higher reputation.