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Travis F W
Travis F W
@travisfw@fosstodon.org  ·  activity timestamp 4 months ago

Thinking again about #SemanticCurrency, my qualitative complement to quantitative scarcity-based measures of wealth.

The value of semantic currency emerges from the meaning of a service rendered, an alternative abstraction to a number of a scarce token like bitcoin, dollarbucks, or gold.

Dollarbucks enable economics to scale up so that we don't each have to track a billion relationships, but rather can track a number: our account balance.

Semantic currency would, too, but differently.

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