@z6lc7vj7v I think "smart contracts" will help.
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Replying to @nouswaves
@z6lc7vj7v The need for ownership is due to principle-agent complications, and that's obviated by their transparent and static application.1 reply 0 retweets 1 like -
Replying to @nouswaves
@z6lc7vj7v The way I see it: Maintenance/insurance cost of ownership of resources vs principle-agent cost(s) of rental of resources.2 replies 0 retweets 0 likes -
Replying to @nouswaves
@z6lc7vj7v Phone contracts are my best example of "something badly wrong". I am locked in for 24 months and recently had tethering removed.3 replies 0 retweets 0 likes -
Replying to @nouswaves
@sebinsua Yes, your example, though, is not only centralized v. distributed but also worsened by oligopoly. ;-)1 reply 0 retweets 0 likes -
Replying to @z6lc7vj7v
πous〜es Retweeted πous〜es
@z6lc7vj7v Yes. See: https://twitter.com/sebinsua/status/475994467619852288 … Pay-as-you-go will probably be my strategy to take some control back from providers.πous〜es added,
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Replying to @nouswaves
@z6lc7vj7v (Obviously ownership is completely out of the question here.)2 replies 0 retweets 1 like -
Replying to @nouswaves
@z6lc7vj7v I do wonder what would be needed for#blocktech to disrupt#telecommunications. Seems to be a good fit in many ways.1 reply 0 retweets 0 likes -
Replying to @nouswaves
@z6lc7vj7v The infrastructure itself would need to support blocktech contracts. http://en.wikipedia.org/wiki/MVNO seems to require human trust.1 reply 0 retweets 0 likes -
Replying to @nouswaves
@sebinsua Unfortunately, everything requires a non-zero amount of human trust. ;-) Smart contracts won’t be in a vacuum, either.1 reply 0 retweets 0 likes
@z6lc7vj7v Store the signed perceptions of individuals on the blockchain in a historical log. Later on store perceptions of algorithms.
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Replying to @nouswaves
@sebinsua Nothing prevents bots from already using our#Blockchain.2 replies 0 retweets 1 like -
Replying to @z6lc7vj7v
@z6lc7vj7v I really need to read more about how blockchain contracts are currently designed. (And how the blockchain itself works.)1 reply 0 retweets 0 likes - 6 more replies
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