11 sats \ 0 replies \ @cozy OP 30 Nov 2021 \ parent \ on: Wealth: "the repertoire of physical transformations that [we] would be capable of causing" bitcoin
Yeah, interesting way of putting it, and I hadn't considered Dunbar's number or what that means in the context of Bitcoin. Very interesting. Related: I kinda pressed the guy who's behind "Drivechains" on the epistemology of prediction markets on Twitter and he replied with this:
I really like this idea that a voluntary market can contain conjectural knowledge, and it's easily replaceable and rewarding to those who create it.
Yeah, what Deutsch calls "A Tradition of Criticism," definitely gets wrapped up in what people refer to as "Free Speech." I heard a Radiolab that kind of came to the conclusion that: "I want the freedom FROM listening to people." Not sure how I feel about that, it seems dangerous to create those kind of bubbles for yourself--freeing yourself from criticism is a great way to stop growing. So the project of, say, a social media site is to delineate good criticism from bad criticismーso as not to waste everyone's time? I dunno.
I feel that this ties in well with what Square is trying to do with their DEX project and decentralized "reputation systems." On page 16 of their whitepaper they kind of get into this: what is a "verifiable credential?" Verifiable credentials are what makes it so hard for people to take Bitcoin seriously, even today.