@vgr currencies don't so much decrease trust as make it obsolete; credentials only increase trust if system is trusted, ie moved up a level
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@camerontw well, they decrease the *amount* of trust needed, for example via escrow? - Show replies
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@vgr why zero market value for cred? Goodwill for cos/startup valuations might be a good example? -
@go_rishi possibly I am confusing with exchange value... you can't transfer goodwill (lost/severely depreciated during M&A, lead. change) - Show replies
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@deniszgonjanin border crossingThanks. Twitter will use this to make your timeline better. UndoUndo
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@fraserspeirs
@vgr it might be interesting to frame them in Boisot's Information Space model.pic.twitter.com/CDlcybws3X
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