What if the intrinsic value already being communicated between individuals in a group is severely undervalued; insomuch as if we all were more in-tune with that ‘data flow’, we would see how this already is evaluated via ‘soft skills’ + ‘social capital’?
Post by twetch#190
Definitely the case. But social capital has limited range. The less info/access to someone, the less SC. Meaningful signals (like who they know, how well they spell, etc.) are helpful but leave many gaps.
Price signals could fill in some of those gaps.
What the chain says
- Block
- 633 859
- Time
- 2020-05-07T18:11:23Z
- Signer
- 14tJYPZuCEKYEuacTDRSHRPJapgXG51xwt
- App
- twetch
- Type
- post
- Content type
- text/plain
- Name in tx
- twetch#190
Fields the transaction did not carry are omitted. Open the payload to see the bytes as stored.
Signed by
14tJYPZuCEKYEuacTDRSHRPJapgXG51xwt VerifiedReplies (1)
Increased access by adding variability vs. binary.
Rn I'm either hard Y/N on a time slot. $ per slot lets me be available far more hours, but only to those who value those hours more than me.
Non-price rationing is "lumpier", less efficient distribution.