Others can still see our name but hide it ( if ) we choose to do so. That way it won't be in the way when we mine or build or restock vending machines.
I mean, we know who we are and others will see our names so why do WE need to see it all the time?
Before you say " that is what Hidey Bumpers are for", I am mostly talking about in mines and like when we are building and lose connection and are far away from the Hidey Bumper.
It can be a new perk, or just a setting in our profile, like 'hide patron' is. Either way, others can still see our names in mines to keep it simple.