Potential absurdity bias maybe? Tim Cook has a ton of apple stock and I don't see many kidnaping attempts. Someone tried to blackmail David Letterman a few years ago and that guy is in jail. This is certainly in the realm of possibility, by I think highly unlikely. Now if you want to talk about your deadbeat brother in law hitting you up for a loan....again...maybe that is an issue worth addressing, but I bet your 3000 sq ft house says more about that than your blockchain activity.
You certainly wouldn't want to try this without some significant rule of law.
...and besides, I do think privacy is important and you have to have a mechanism for it. Hypercapitalism has a mechanism.
I posted a stupid question a couple of weeks ago and got some good feedback.
@ChristianKl suggested that I start building a model of hypercapitalism for people to play with. I have the first one ready! It isn't quite to the point where people can start submitting bots to play in the economy, but I think it shows that the idea is worth more thought.
Analysis:
http://www.hypercapital.info/news/2015/4/19/a-published-model-of-hypercapitalism
Runnable Code - fork it and mess around with it:
http://runnable.com/VTBkszswv6lIdEFR/hypercapitalism-sample-economy-for-node-js-and-hello-world
I'd love some more feedback and opinions.
A couple of other things for context:
hypercapital.info - all about hypercapitalism
Overcoming bias about our money
Information Theory and the Economy