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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

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Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    1. Venkatesh Rao‏ @vgr 7 Oct 2019
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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 🤔

      2 replies 2 retweets 35 likes
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    2. Venkatesh Rao‏ @vgr 7 Oct 2019
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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.

      4 replies 0 retweets 8 likes
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    3. Venkatesh Rao‏ @vgr 7 Oct 2019
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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,

      1 reply 0 retweets 1 like
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    4. Venkatesh Rao‏ @vgr 7 Oct 2019
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      I just invented cancel economics. Somebody build this.

      3 replies 0 retweets 5 likes
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      Venkatesh Rao‏ @vgr 7 Oct 2019
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      You could even issue pre-cancellation and pre-rep tokens

      9:33 PM - 7 Oct 2019
      • 3 Likes
      • Justin ⚡️ ian m hines Dan Hon
      3 replies 0 retweets 3 likes
        1. New conversation
        2. Venkatesh Rao‏ @vgr 7 Oct 2019
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          By putting a price on both reputation and cancelation you turn the culture war into a nice little boom market in identity futures. You could add cap-and-trade features. It’s basically a carbon market.

          2 replies 0 retweets 7 likes
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        3. Venkatesh Rao‏ @vgr 7 Oct 2019
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          This idea appears to be popular with both sides of the culture war going by likes

          1 reply 0 retweets 3 likes
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        4. Venkatesh Rao‏ @vgr 7 Oct 2019
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          Maybe what democracy 2.0 needs is precisely such a graduated market-driven knob between tyranny of majority and assholery of individual. 🤔 Social credit score/whuffie but mob-driven.

          4 replies 0 retweets 6 likes
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        5. End of conversation
        1. Dan Hon‏ @hondanhon 7 Oct 2019
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          Replying to @vgr

          term life^wcancellation insurance

          0 replies 0 retweets 0 likes
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        1. Marcello Herreshoff‏ @mherreshoff 7 Oct 2019
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          Replying to @vgr

          How do you stop people from quietly buying up their own pre-cancellation tokens and then doing egregiously cancel-worthy things to make their value spike?

          0 replies 0 retweets 1 like
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