I don't know what to do about this external message from lodewijk andr de la porte. I guess it's largely motivated by an intuitive idea of how a "Prestige Bitcoin" idea is supposed to look like. But the Prestige system has mechanics that need to be explained. I've done that in the documentation on my own web space: http://radivis.com/public/prestigefluidodoc.pdf (the paragraph about the Fluido is hardly relevant for Prestige Bitcoin). Criticizing an idea that is not really understood is problematic, but let me try to comment on some points: "I think what you really want to achieve is to create another facebook-like button, a way to measure your epeen or a donation system." Prestige Bitcoin and Prestige Fluido would be all of that at once. "It's hard to convince people that money should be decentralised, but it'll be even harder to convince them that giving likeing should be decentralised." My plan is finally having centralised and decentralised systems running in parallel. Both models have their advantages and disadvantages. "It's either important that something earns you money or that something is really good, or both. Doing something just for the prestige of it is pretentious and it'll prevent you from doing what you truly believe in." I guess you are thinking about the tension between intrinsic and extrinsic motivation. AFAIK research suggests that extrinsic motivation based on social appreciation is much less problematic than extrinsic motivation by money. Prestige Bitcoin (or Prestige Fluido) would probably lie somewhere in between, because those are hybrid systems. Unfortunately there are some problems that my system can't solve. It's not a panacea for everything. But it's reasonable to expect that it's less bad that the system we are working in right now. "Having a currency prestige system is not going to help anyone but those already popular, those who least need it." This is an issue that can hardly be prevented in any kind of reputation based economy. It's still better to have a reputation based economy in addition to our current money based economy. "What drives you to want to engage in this project?" In short: Creating a better kind of economy (at least as complement to the current one). That is something that the world really needs. - Michael -- Zero State mailing list: http://groups.google.com/group/DoctrineZero ----- End forwarded message ----- -- Eugen* Leitl <a href="http://leitl.org">leitl</a> http://leitl.org ______________________________________________________________ ICBM: 48.07100, 11.36820 http://www.ativel.com http://postbiota.org 8B29F6BE: 099D 78BA 2FD3 B014 B08A 7779 75B0 2443 8B29 F6BE