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Cancelation is an interesting antithesis idea to fuck-you money. You could measure the strength of cancel culture by the increase in fuck-you-money thresholds. It’s probably an efficient market in public reputation or something. The $ premium of having to exit public life 🤔
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Should solve this with market mechanisms. Everybody should be paid for stuff they do in a mix of cash and personal-future-reputation erc20 tokens. Sub-criminal cancel culture is not new and is never going away. It’s just in a bubble. We just need to make it cancel economics.
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A blockchain where for every dollar of net worth, a pair of reputation tokens are created, a reptoken R and a canceltoken C. Banks pay you interest on your dollars D as a function of R-C. So long as R=C, you’re good. R>C (more demand for reptokens) you get +ve interest.
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Thread broke. Continues here.
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R<C means more demand to cancel you than defend you. Bank charges you -ve interest. So you withdraw, buy gold, and fuck off. If cancel culture gets too strong there’s a run on banks. If virtue signaling gets too strong, banks adjust f(R-C) to be less rep sensitive,
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R<C means more demand to cancel you than defend you. Bank charges you -ve interest. So you withdraw, buy gold, and fuck off. If cancel culture gets too strong there’s a run on banks. If virtue signaling gets too strong, banks adjust f(R-C) to be less rep sensitive,
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If you could issue tokens as an inverse of gender, race, and sexuality power dynamics it could go to the moon.
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