
#322: Building the reputation layer for social with Maciek
TFTC: A Bitcoin Podcast
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How to Qualitatively Quantify Viahiv?
A star apico system has a more efficient capital location, in some ways than stunt traditional forms of capital location and traditional economy. Because there is a very deep interconnectivity between certain groups, certain groups of people within thet ico system, right? So you have the community aspect, is really e a reputation system that er, that is er, say, used by this equal system, salad. But lets say you have silican value, right? The reason that silican value was so effective at alocating capital was that people knew each other. And because they knew each other, there was a reputation system, informal reputation system, that decreased risk of that capital location. Same
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