Basically every transaction should, in the limit, be like a corporation with equity held by everybody who contributed to the initial trust that allowed it to happen.
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Replying to @vgr
(infrastructure) project financing already (effectively) works like this, no?
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Replying to @vgr
How do you quantity distribution of trust across parties?
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Replying to @simpolism
It is never liquidated. Merely valued and carried forward in aggregate combinations. See previous tweet storm for a mechanism.
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Replying to @vgr
Metaphor is still not quite clear (perhaps less clear). Will think on it tomorrow.
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Replying to @simpolism
They destroy your letters without cause, you destroy theirs.
10:40 PM - 21 Nov 2018
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