Good framing! Two forms of social credit that I think are worth paying attention to:
Play money prediction markets and forecasting. I think it’s fruitful to think about these communities as using prediction accuracy as a form of status/credit.
Cryptocurrencies, which are essentially financial credit but with its own rules and community. The currency doesn’t have to have a dollar value to induce coordination it can still function as a reputation system and medium of exchange.
It’s somewhat tangential, but Sarah Constantin discussing attestation has some insight on this I think (I put some comments here).
Good framing! Two forms of social credit that I think are worth paying attention to:
Play money prediction markets and forecasting. I think it’s fruitful to think about these communities as using prediction accuracy as a form of status/credit.
Cryptocurrencies, which are essentially financial credit but with its own rules and community. The currency doesn’t have to have a dollar value to induce coordination it can still function as a reputation system and medium of exchange.
It’s somewhat tangential, but Sarah Constantin discussing attestation has some insight on this I think (I put some comments here).