Exploring the history of decentralized tech feels like stalking @zooko:
1996: he is working on DigiCash (BTC predecessor)
2000: building MojoNatio w/ @bramcohen (Predecessor to BitTorrent, IPFS, and tokenized protocols)
2006: Tahoe-LAFS (decentralized cloud storage)
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I may even try this article again and be more explicit about the intent (provide a clear use case for token economies with a protocol people know) since I feel like it was misunderstood.https://medium.com/@jbackus/what-if-bittorrent-had-a-token-13d62a590aa7 …
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Have you ever lived in a country that uses two currencies? I have, and it's annoying af. Yet all you 'tokenize the world' people think everyone wants to try to keep track of the value of dozens of tokens. Why do I want to get paid in a token when I can just get paid in btc?
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Heh this is part of the misunderstanding I was talking about. The token is invisible in this concept and you wouldn’t know about it unless you want to. There are interesting reasons to do token vs BTC, but it’s not the point of the article.
End of conversation
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