What stops my audience from just claiming the bytes I send them for verification to keep/sell. I cant just trust every random internet users to completely expose their identity to something new to them
Good point. Will come up a lot. Saying it was the same with PayPal will likely not cut the mustard because Byteball is not connected to eBay just now.
Currently it comes down to: so you don't want 12$ for your identity at a trustworthy company but you are willing to give your identity to banks, Shopping Centers, Phone companies etc.?
If arguments like: And the 12$ may increase in value do not tickle you and you are ... Meh do not want ... Thats fine.
If ICO launched will happen on Byteball and some have this obligatory and infact you may use the money to own part of a company.... Heads might start to turn... Oh you mean I am given parts of companies (Titancoin to say the least) for my identity - I would answere how else could YOU actually own it any other way?