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polymutex
@polymutex.eth
Cool concept. Interesting to think about how this type of monetary system might work with anons or pseudoanons. Who would trust anons to issue their own currency? How could anons live in a digital economy? Without accountability mechanisms, would the value of their issuance be a pure reflection of their reputation?
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Sebastian Bürgel
@scbuergel
Please send me your profile, I'm willing to trust it (and I'm a Circles backer). Why?! Circles as a protocol is totally unopionnionated as to what a user is. Eventually, Circles will only be successful if YOU use it to offer goods or services for it, otherwise at best you're neutral and at worst you're leaching value (dump CRC for e.g. USDC). I would judge that I have a fair chance of seeing you as Polymutex contributing value (which very directly also adds value to my CRC) and that's why I'd trust you. It is completely irrelevant to my judgement if you're also Vitalik, Degenspartan, an LLM or a real life human who will never contribute value to Circles (and who I'd thus not trust).
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polymutex
@polymutex.eth
Thanks for the vote of confidence! :) TBH what's been holding me back from actually trying it out is the prospect of having to do the accounting for a stream of hourly taxable events for the rest of my life. But it's encouraging to know that you'd trust my profile. I should check it out in more details this weekend.
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Sebastian Bürgel
@scbuergel
The circles whitepaper is actually quite in depth, you might enjoy it aboutcircles.com
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