After sleeping on it, I've concluded that only basis for Twitteroconomy is likes/RTs/@ replies/DMs. But not explicit credits (doom of Quora)
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You would need to create artificially scarce currency like "5 likes = 3 RT = 1 @ reply" but WITHOUT explicit credit schemes. Why and how?
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Why: Goodhart's law, Graeber's arguments against impersonal currencies, known unsocial behavior of things like loyalty points/freq flyer pts
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So it's down to the "how" of an illegible community currency. Two parts to it: zero/negative sum transactional use, and creation mechanism
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Gold standard in personal/community/social currencies is TIME. Impersonal currencies replace time with another instrument using information
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Examples: you wait to show respect for social superior, social superiors can be late (use others' time). Favors are repaid after time delays
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I suspect usury taboos and proscription against charging interest are because it legibilizes the personal sacredness of individualized time.
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A prince waiting a minute for you is worth more than a pauper waiting a minute for you. Yet a prince/pauper's dollar earn the same interest
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How do we make a feature out of this: delays. Depending on your (unknown) credit, you may have to wait 0.1s or 10s between likes.
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Shadowbanning is actually a clumsy, too-coarse version of this. General idea, use time to tune a user's agency and reach.
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Things like klout fail by being too legible, lack of auto-feedback into ux. I have to *decide* to ignore you because you're a klout loser
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Time as backend currency also helps subcultures differentiate. Mutual follow = less mutual time delay. Fully ignored 1 way = high delays
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