added by sari · updated 2y ago
Pacenotes: Exit to Community and Personal Tokens with Nathan Schneider
- In my experience so far with the crypto world, a lot of the technical designs are built around the pure financial incentives. And there is a robust culture, around these technologies, otherwise they probably wouldn’t be used by anyone. But they’re really off-chain. And as much as possible, these systems are often designed to get people using these ... See more
from Pacenotes: Exit to Community and Personal Tokens with Nathan Schneider by Wong Joon Ian
sari added 3y ago
- there’s very specific things that crypto technology does well. But actually most other things, it doesn’t do so well and it introduces more trouble than it’s worth. And so we need to be really intentional about where we put the crypto as opposed to all the other stuff.
from Pacenotes: Exit to Community and Personal Tokens with Nathan Schneider by Wong Joon Ian
sari added 3y ago
- At the same time, I think there’s a real challenge around over-economizing some of these spaces. My experience in some of the early tokenized social networks is kind of this icky feeling that you’re not just talking to each other for, you know, for its own sake, but you’re trying to somehow exploit the relationship for monetary gain.
from Pacenotes: Exit to Community and Personal Tokens with Nathan Schneider by Wong Joon Ian
sari added 3y ago
- Similarly, I think one of the challenges of some of these tokenized projects is to actually kind of put the token in the background and create experiences that people really want to have.
from Pacenotes: Exit to Community and Personal Tokens with Nathan Schneider by Wong Joon Ian
sari added 3y ago
- If you look at the the work of anthropologists like Marcel Mauss [Ed: who wrote ‘The Gift’ on gift cultures]or, Pierre Bourdieu, [Ed: who coined the idea of cultural capital] they emphasise the importance of non-monetary capital, the way in which, what we call social capital only functions if it didn’t feel transactional, if it didn’t feel like eco... See more
from Pacenotes: Exit to Community and Personal Tokens with Nathan Schneider by Wong Joon Ian
sari added 3y ago
- So I think it’s really important to to just stop whenever we face problems in the digital economy and reconnect them to the rest of the economy and to history and say, okay, where else are these problems arising? So I think a lot of these problems start to become a lot simpler the moment we realise that the internet didn’t invent them.
from Pacenotes: Exit to Community and Personal Tokens with Nathan Schneider by Wong Joon Ian
sari added 3y ago
- One thing is that temporal delay. Recognising that if you’re giving people constant financial feedback, you will financialise those people.
from Pacenotes: Exit to Community and Personal Tokens with Nathan Schneider by Wong Joon Ian
sari added 3y ago
- Tokenizing everything has the potential of … turning all of our behaviour into a game of financial incentives
from Pacenotes: Exit to Community and Personal Tokens with Nathan Schneider by Wong Joon Ian
sari added 3y ago