A New Digital Currency Whose Value Is Based on Your Reputation

Sat, 13 Sep 2014 12:38:14 +1000

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
http://www.wired.com/2014/07/document-coin

"Instead of using pure mathematics to prevent things like the same
person spending the same money twice, Document Coin will rely on
personal reputation to keep all transactions in order. And each unit of
currency created using Document Coin could have different values in
different situations. If you use a coin in one place, it might be worth
more than if you use it in another. The goal, Anderson says, is to get
people to completely rethink the entire idea of money."

Share and enjoy,
                *** Xanni ***
--
mailto:xanni@xanadu.net                   Andrew Pam
http://www.xanadu.com.au/                 Chief Scientist, Xanadu
http://www.glasswings.com.au/             Partner, Glass Wings
http://www.sericyb.com.au/                Manager, Serious Cybernetics

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