ID/reputation is a hard one. It depends on a base level of nation state authority. Can p2p get to the same or better trust thru a decentralized system. Yes it can. Rep builds as money moves. 

A listing of these peer ID verifiers will be populated by a global network of these verifiers focusing on distinct local markets. This is will be useful for replicating the same processes governments use. These truth oracles get paid for each verification as their incentive.

The issuance is worthy of extreme brainstorming. Wanna give it a shot now Mr Tao ?