Oliver Sampson
@oliversampson@sigmoid.social  ·  activity timestamp 2 days ago

The article had a provocative title: "The optimal amount of fraud is non-zero",

https://www.bitsaboutmoney.com/archive/optimal-amount-of-fraud/

TL;DR: There's some amount of friction in the #marketplace that prevents #fraud and prevents a large amount of non-fraud. Somehow understanding and tuning for that is what can make or break a #business.

I just read #wiki to catch up on #Kickstarter, and there's definitely an optimal amount of how much of a #business platform you can move to the #blockchain, and it's exactly zero.

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Oliver Sampson
@oliversampson@sigmoid.social  ·  activity timestamp 2 days ago

I'm catching up on @pluralistic 's newsletter and there was a line in https://pluralistic.net/2025/09/05/be-the-first-person/#to-not-do-something-that-no-one-else-has-ever-thought-of-not-doing-before that reminded me of an article I read recently:

> So #Kickstarter jettisoned the escrow step, handing campaign creators the full payout and then trusting them not to run off with the dough. The platform understood that this would allow a certain amount of #fraud and failure, but deemed it worthwhile, especially after they took countermeasures to minimize backer losses, such as...

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Oliver Sampson
@oliversampson@sigmoid.social replied  ·  activity timestamp 2 days ago

The article had a provocative title: "The optimal amount of fraud is non-zero",

https://www.bitsaboutmoney.com/archive/optimal-amount-of-fraud/

TL;DR: There's some amount of friction in the #marketplace that prevents #fraud and prevents a large amount of non-fraud. Somehow understanding and tuning for that is what can make or break a #business.

I just read #wiki to catch up on #Kickstarter, and there's definitely an optimal amount of how much of a #business platform you can move to the #blockchain, and it's exactly zero.

2/2
ImaCrea
@imacrea@mamot.fr  ·  activity timestamp 3 months ago
@LeMuseum national d'Histoire Naturelle propose une résidence de 12 mois à un.e contributeur.ice Wikipédia 😯

> "Renforcer l’acculturation à Wikipédia et plus largement aux principes de la science ouverte parmi les enseignants-chercheurs, personnels et étudiants du Muséum et renforcer la présence dans Wikipédia de contenus (textes, visuels) issus de la recherche, des collections et de la vulgarisation scientifique qui sont au cœur des activités..."

👉 https://recrutement.mnhn.fr/front-jobs-detail.html?id_job=1249

#jerecrute #wiki