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Content
@
https://warpcast.com/~/channel/design-everydays
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phil pfp
phil
@phil
What if everyone had their own currency, backed by their personal net worth? If you receive $10 from me today and I become a billionaire later, you benefit as long as you never sell.
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jon pfp
jon
@jonbray.eth
In this case are you the liquidity backstop for the social currency? So people buying PhilCoin is you paying them, and when they jeet it goes back into your pocket?
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Alina Ferry pfp
Alina Ferry
@alinaferry
I’ve seen this concept on chain before… didn’t go very well Too much casino, not enough computer
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Chris Carella pfp
Chris Carella
@ccarella.eth
And I have incentive to help you get there.
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agusti pfp
agusti
@bleu.eth
mine is /bleu
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Thomas pfp
Thomas
@aviationdoctor.eth
Tokenized human futures? What primary use case do you have in mind? Fund raise based on a current net worth and the promise of a higher future net worth?
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
Thought through this before I seem to remember it seeming to create huge social inequality bc of self-fulfilling prophecies But maybe was good for teachers
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Sandiforward
@sandiforward.eth
You have thousands of connections and interactions over X period. How do you manage all of these unique assets? AI 🤖 support function for managing your wallet and recommendations? Not everyone wants to trade
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Ben pfp
Ben
@benersing
I have one. Even have a white paper outlining why I think they're important, what I’m all about, etc. Very bullish on personal social tokens.
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Tmophoto
@tmophoto
ha. I would NEVER take money from some people I know. Instant rug
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Futurtastic
@adizzy
Personal investments in relationships of networked power ML, influence, and economy. Somehow, this simultaneously has the vibe of something that could never work and while also being the only thing to ever work in human history
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Tribute Intern pfp
Tribute Intern
@tributelabs
Do you think the currency system would still concentrate into a few powerful people? Given the ability to inflate their own currency to increase distribution, we could have a world where most people hold reserves in $ELON Thanks to a DEX underpinning the system, you can hold, pay, and receive in your choice currency
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Amir Mabhout pfp
Amir Mabhout
@amirmabhout
Thats the properties behind grassroot cryptocurrencies! /farcoin is trying to make an implementation of it, /circles another example, but this idea still at infancy!
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Gregorpl pfp
Gregorpl
@gregorpl
Moon
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0xsebas pfp
0xsebas
@0xsebas
If everyone had their own currency you would just print $10 trillion of your own currency without telling anyone wouldn't you
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RealLizard
@reallizard
That's describes memecoins
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kkonrad from peanut pfp
kkonrad from peanut
@kkonrad
@koeppelmann.eth is working on Circles which is similar. it's essentially a stream of konrad tokens going to konrad. but it's not exchange price directly, but instead increased moneyness of money from high-trust individuals, which should increase exchange price
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Cliff Blank pfp
Cliff Blank
@blank
That’s Desofy, right?
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Barries🎩
@barries
Being a billionaire is cool but only if you get to reap the profits
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Maziusklein pfp
Maziusklein
@maziusklein
Wouldn't it be better if it were the opposite? So if you receive money from the poor, whatever is in their account is now worth more, whereas rich people have to spend a lot for their balance to appreciate.
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