I was tickled last year by ’s “Patronage as an asset class,” which proposes a market-priced patronage “asset” by layering Harberger taxes (e.g. pay 5%/yr of last sale value) on top of NFTs. blog.simondlr.com/posts/patronag
Has this been tried (outside Simon’s demo) yet?
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Longing for a Twitter edit button: the Harberger tax basis is on the *current* for-sale price, not the last sale value, and that difference is the critical key pricing efficiency mechanism.
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Interesting to contrast the vibe of this kind of patronage with something like Patreon. The mechanism *requires* that patrons effectively publish their pledge price; the always-for-sale element discourages long-term community-building; highly legible profit motive is hmm…
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If editing a tweet is allowed, what are the considerations related to the original tweet and its likes/replies/retweets/quotes?
- keep/remove/flag original tweet
- keep/remove/flag replies, etc.
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Good design question. Not sure. Many platforms have experimented with variations, so I'd probably start by surveying those. Quick take:
- arbitrary edits allowed within first minute
- edits allowed within first day, with large badge
- 1+ day: you can append "errata" statements
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