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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With enough inbound, trolls end up auto-muted/blocked at back of oversubscribed queue that more trusted people keep jumping: infinite delay
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Time as a general flow-pacing mechanism is very powerful idea. Musician-gamer has explored a bit:
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Now how do you *create* time here? If it is the backend currency, it must be minted right? Idea: make leisure economy literal!
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Some people have more time than money, some more money than time. Figure out who is who based on usage. Time-rich sell time to cash rich.
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Not sure how to operationalize this sufficiently illegibly (i.e. no paying/earning $ via "delay credits" instrument).
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But if this could be done you could make trickle-down literally true, and reimagine UBI as Gemeinschaft rather than Gesellschaft.
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There *may* be another dimension here: probability. You can not only delay an action, you can "drop" it, as with TCP/IP forcing retries
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The political economy of future Twitter could be based on a delay/loss 2d trading space as suggests Internet itself should be
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In conclusion, I think cryptocurrencies are entirely orthogonal here. Irrelevant to the question of viability of things like Twitter.
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They'd be good to apply, and since proof-of-work is basically a costly signal based on (wasted) time, it's a simpatico idea, but not core
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