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42 sats \ 2 replies \ @nerd2ninja OP 12h \ parent \ on: Bitcoin Circular Economy Hypothesises (favors?) bitcoin
Hmm idk, I don't see favors as everyday communism, but rather as social debt.
You "owe me a favor" either a big favor or small favor and if you owe me too many favors I lose trust in your ability to pay back your favors and stop helping you out.
Favors, may well be a sort of socially constructed debt based currency in that way, but I don't want to put the cart before the horse here, I want to have a good bit of research before going into any more detail about what's swirling in my head right now.
It's an interesting exercise, but I think it's kinda hard to measure the value of favors. Like, depending on the situation, one favor I do might be worth two of yours. So how do you even calculate that?
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That's the real beauty of it. Hehehe that's the part I think I really like about it actually. It'll drive the accountants mad lol
I'll explain later the full details. For now, I just want to read through the current literature on favors and how Bitcoiners use them to get around having to spend Bitcoin with each other.
I'll go through the literature on families and how they use favors to get around having to spend money too. And any other literature I can find
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