Yes and No

Although I can agree that the way OpenID folk is heading is wrong, I cannot agree with everything. I do not agree that making the information sharing easier will inevitably lead to the massive disclose of personal data. I think that proper legislation and a good reputation mechanism can lead to a suitable equilibrium between privacy and disclose.
I strongly recommend you the books by Daniel Solove, especially "The Digital Person". You can find many answers there.

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