[zAy0LfpBZLC8mAC]

> There will probably be massive, irreversible thefts of intellectual property (a.k.a. reposters, but with actual money involved).

Whatever this might be, it's not theft. And it might just be something we have to accept if we don't want to live in a de-facto police state.

> Conversely, a lot of valuable content comes actually from reposting and "karma theft" (which is what linking e.g. a blog article from someone else actually is).

That's a fallacy, though pretty common. People who connect other people with stuff those other people want do provide a useful service, and being rewarded for a useful service is not obviously a bad idea, let alone some sort of "theft".

> Fourthly, how do you avoid fraud as for example often found on Kickstarter? Kickstarter actually has a review process and even they are not fully equipped for it. I am not seeing reliable moderation ever scale enough such that it can withstand the likely immense fraudulent interests due to the monetary incentives.

Just like everywhere else in life? You don't need a big brother managing every step you take in order to avoid fraud.