White House Looks at Replacing Social Security Numbers
Let's be careful not to underestimate the value of deniability. Any change in policy needs to maintain the ability of the citizen to challenge actions taken with a private key (opening an account or borrowing money) and the burden should not shift to the consumer.I fear that financial institutions will use the change as an opportunity to offload their due diligence onto consumers.Someone having my private key should not have any greater ability to implicate or permanently damage me than someone having my SSN.