Who does work in your system?
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work? if you mean design, development, and operations it's all just me :)
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Replying to @mattsiegel @o_guest
Now that we are bombarding you with questions...
where from is the added value attained?1 reply 0 retweets 2 likes -
aha! each time you send money, it provides a recipient with something they want (especially if they tweet about what they got... e.g., "i had a nice dinner!" or "new books!" :) so there's the value of having given, and having received a gift. it's not monetary value...
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but i think it's a value that's overlooked by our current systems.
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Replying to @mattsiegel @o_guest
Ok basically it works by the sudden return of periodical, insignificant investment. Getting at lump sum at once has a rewarding value.
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YES!! :D
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Replying to @mattsiegel @o_guest
Now... moving to a real society. Despite the rewarding value that the sudden cash flow may produce to motor the interchange game, there are needs to satisfy & they are often urgent. Ppl need some money at a given time. They cannot wait for the reward time.
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it's true! i did think of a second experiment: people are in a well-connected network. during any time period (e.g., 1 week), some will have surplus money. they send a fraction of the surplus to people they're connected to who need money.
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i'm not sure it addresses really urgent needs, but it will tend to redistribute wealth :D
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How does it redistribute wealth if everybody puts the same amount in?
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in this second experiment, the amount you send is a portion of your surplus cash, not a fixed amount :)
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