[ExI] proto-bitcoin

Mirco Romanato painlord2k at libero.it
Mon Apr 22 22:44:24 UTC 2013


Il 18/04/2013 23:28, spike ha scritto:

> Agreed.  We need to further explore a concept I mentioned a couple
> weeks ago: the use of currently available mobile bandwidth to Borg
> ourselves.  So far the capability has mostly been used in gaming, but
> even that is encouraging: so many important business and societal
> advancement starts out with gaming.

It start in gaming because the possible loss because a betrayal of trust
is very low.

What you write about the borghification is interesting:
1) the system need to account for trust levels of people in the system
2) cost of the resources used (someone need to pay your time and
sprinkler parts (expenses) or your altruism will be wasted and
exploiters will suck the system dry)
3) In the end this is an automated market system where some tasks are
automatically offered and requested by autonomous agents connected by a
network.

It surely will crash with a large number of existing laws and regulations.

The main problem is about trust:
1) the person volunteering trusting to not be exploited by the requester
2) the requester trusting to not be exploited by the volunteer.

I think the Bitcoin system can be used to implement a system like this.
Surveillance equipments like web cams, microphones, etc. can be used to
reduce the need of trust and increase the degree of responsibility.

You help people in small chores and Bitcoin flow to you; your trust
level grow for them, theirs for you.
As the trust increase, they have more motivations to increase the chores
and what they pay for them.

In fact, for example, in EVE Online (where only paranoids survive),
there are players that have built their reputation on a level so large
and deep they are paid to manage the equivalent of 10k$ of transactions
between parties not trusting each others.

Mirco



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