horsefacts
@horsefacts.eth
There is an immediacy and velocity to exchange in the "social economy" that is new and different from other crypto interactions. Tips come in, tips go back out. I earned a @paperview reward last week and spent it on other people's content. This kind of exchange is one-to-one, personal, and often repeated. There was some of this in the "DAO economy" era but it was many-to-one, slow, and often captured. There is little of this in the rest of crypto: swapping and speculating are impersonal and often antisocial.
7 replies
6 recasts
62 reactions
horsefacts
@horsefacts.eth
With enough economic activity this probably makes a pretty good reputation score. Does a given user participate in the network or just extract? (Reminds me of seed/leech ratios on torrent trackers) Sounds stupid and obvious, but the interesting thing about crypto social is that it is *social* and not impersonal.
9 replies
1 recast
31 reactions
will
@w
eh except you need to "extract" 40% just to break even
0 reply
0 recast
1 reaction