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RE: The concept of "saving face" (western eqivalent is preserving honor) is a key regulator of human social intercourse
Openness leads to the development of a healthy immune system, as Andreas Antonopoulos (see video in my blog) puts it, at least as far as the blockchain is concerned. In order to be open as a participant in society, one must be able to deal with criticism. Respectively learning to be immune to it. I'm one of those people who do not do what the masses do. And for that one is criticized by the crowd. But I've learned to handle it. And live well with it.
Sure this can help bockchains but people aren't algorithms. People cannot be individuals or unique if not for privacy. So the question is how much do we value unique individuality vs whatever the benefits of increased openness are?
From a technical point of view I like Enigma because it does value privacy in it's design which is more than we can say for Steemit thus far. But it is worth having the debate on the side effects of either paradigm.