Important issue. We all want the community to grow and quick sign up is key. Its hard to think of a social network which would offer anything but instant sign up. Perhaps more in-depth multi-stage verification could be done at key reputation levels or when funds become larger. Do you think that would work?
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Well I guess it would be better to make it as easy as you can to sign up, otherwise people will loose interest....
"Easy to get easy to lose,
hard to get, hard to lose"