Revenge porn, false rape allegations, or other compromising info attached to someone’s social token, (i.e. the thing they use to access services to prove who they are) forever public. And even transferring to a new token would require showing that it was attached to the old one.
Every transgression on social media? Every time you said something in anger or while drunk? Forever undeletable. And scanned by any employer or cop. Imagine forever being tainted by a “joke” with no way to ever delete it. Not people screenshotting you or anything, just publicly always available.
Imagine you get phished. And suddenly your social token or bank account or job credentials or health info gets moved to a wallet you don’t have the keys for?
Or imagine you’re doing distribution on a public ledger? Oooh, now I know exactly which store or warehouse has exactly what I’d like to steal. Or, I’m a competitor that’s not public, and I know what to screw you over on if you have excess inventory, or if I can negative PR your item at just the right time.
Transparency is great in a fair system, but damn, we are in a dog eat dog capitalist game where the goal is fuck over him before he fucks over you.
That scares me.