Concerns Regarding Social Money

One trend I am seeing with ETH, is the idea of social money such that all of your actions are open to being judged/scrutinized, or generally monitor to stalk.

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I see two extremes with this. You are uber-rich, have a ton of NFT's maybe your an axe infinity star, and invest in many tokens. Having an ENS for example, or even one of the "ape" nfts means you can flex/show off easier if you value that. But also if linked to a real identity it's problematic.

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On the other hand, if you have nothing or very little it can be used to bully, shame, or troll online the fact you are broke.

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Additionally, it means every action you take has to be careful because everything can see what you are doing.

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I see this as being very helpful for charities, nonprofits and fortune 500's, even govt, but I feel like this is a dangerous social/cultural shift. It gets worse on the fact any errors you make are permanent and mean that it can expose far more than you expect if you do make a mistake.

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Interested to hear other people's thoughts on this. Transparency is a good thing, but privacy for individuals matters as well.