Comments on: What are currencies? http://reputationcurrents.com/blog/archives/42 Reputation and Currency Wed, 21 Apr 2010 19:27:53 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: NurtureGirl http://reputationcurrents.com/blog/archives/42/comment-page-1#comment-138 NurtureGirl Mon, 22 Mar 2010 03:59:35 +0000 http://reputationcurrents.com/blog/?p=42#comment-138 Thank you Dave. Let's put together a few more of the pieces before we get to restrictions in flows and how that plays...and then how that relates to reputation. Reputation is already a currency as we define it. Whether that reputation is quantifiable and then even tradable is a matter for a future post. The answer, briefly, is yes, and very carefully, understanding compromises are made. Dangerous approximations. Thank you Dave. Let’s put together a few more of the pieces before we get to restrictions in flows and how that plays…and then how that relates to reputation. Reputation is already a currency as we define it. Whether that reputation is quantifiable and then even tradable is a matter for a future post. The answer, briefly, is yes, and very carefully, understanding compromises are made. Dangerous approximations.

]]> By: Dave Birch http://reputationcurrents.com/blog/archives/42/comment-page-1#comment-135 Dave Birch Sun, 21 Mar 2010 23:16:02 +0000 http://reputationcurrents.com/blog/?p=42#comment-135 When talking about fiat currencies, it is sometime useful to distinguish between normal currencies (eg, the $) that can be traded essentially without restriction and exotic currencies (eg, the Kenyan shilling) that have rules attached, such as export restrictions. Stamps and airline miles are both currencies, but whereas you can do what you like with stamps and give them to anyone you want to, that's not quite true for airline miles, since you have to go through the airline to trade them and there are some restrictions. If there is going to be some way to turn reputation into a currency, it's going to be more like the latter won't it? I think there has to be some kind of distributed reputation management system in place (even though I don't know what it might be) to handle this... http://digitaldebateblogs.typepad.com/digital_identity/2008/03/talkin-bout-my.html When talking about fiat currencies, it is sometime useful to distinguish between normal currencies (eg, the $) that can be traded essentially without restriction and exotic currencies (eg, the Kenyan shilling) that have rules attached, such as export restrictions. Stamps and airline miles are both currencies, but whereas you can do what you like with stamps and give them to anyone you want to, that’s not quite true for airline miles, since you have to go through the airline to trade them and there are some restrictions. If there is going to be some way to turn reputation into a currency, it’s going to be more like the latter won’t it? I think there has to be some kind of distributed reputation management system in place (even though I don’t know what it might be) to handle this…

http://digitaldebateblogs.typepad.com/digital_identity/2008/03/talkin-bout-my.html

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