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comment by _refugee_
_refugee_  ·  3714 days ago  ·  link  ·    ·  parent  ·  post: Hubski Economy: A thought experiment

Just a clarification - it seems from your post that you think a badge, once received, can then be given again. That is not the case - badges can only be given once. So I have 4 badges right now. If one is given to me for a post, that doesn't go into my badge count and I can't re-give that badge. Right now they're a one-stop shop.

I was thinking about this proposal with cryptocurrency in mind (sadly it doesn't quite work out) and I think the Hubski bank account should be like a wallet - but then, either we would have to use a 3rd party provider or the work of the people behind Hubski would increase, which I think might counter the point of raising money - it could increase the cost of running Hubski as opposed to defraying it.

I also like your idea of running experiments and looking at the data as opposed to just jumping in on this head-first.





b_b  ·  3714 days ago  ·  link  ·  

    ...I think the Hubski bank account should be like a wallet...

I don't think so. I would envision a system where the credits you buy have no cash value. That is, they can't be redeemed. Otherwise, Hubski turns into a potential income source, and the accounting get real complicated, real quick, and I'm sure as shit not going to jail for not providing 1099s to people all over the world.

Edit: I may have misread what you were saying, but I still stand by the above if anyone else is wondering.

ironpotato  ·  3714 days ago  ·  link  ·  

If the income is under 20 dollars or something, it doesn't have to be reported.

So I highly doubt there'd be any problems with redeeming currency. That said, I don't like the idea much either, I'm behind CashewGuy on the donations idea.

I've got like 30,000 dogecoins you guys can have, plus I'd donate some cash.

If there is a way to donate it isn't very apparent, so if you do accept donations you may want to post that somewhere obvious.

b_b  ·  3713 days ago  ·  link  ·  

    If there is a way to donate it isn't very apparent, so if you do accept donations you may want to post that somewhere obvious.

Currently, Hubski does not accept any kind of payment, but thanks for the kind offer!

ironpotato  ·  3713 days ago  ·  link  ·  

Well, that is one way of generating some cash :)

_refugee_  ·  3714 days ago  ·  link  ·  

There's a minimum for 1099s, but I do see where you're coming from. I also think that maintaining wallets would have way more overhead behind it (and like, programming? and shit?) than you guys want or need.

user-inactivated  ·  3714 days ago  ·  link  ·  

    Just a clarification - it seems from your post that you think a badge, once received, can then be given again. That is not the case - badges can only be given once. So I have 4 badges right now. If one is given to me for a post, that doesn't go into my badge count and I can't re-give that badge. Right now they're a one-stop shop.

That's what I thought, thanks for correcting me!

    I was thinking about this proposal with cryptocurrency in mind (sadly it doesn't quite work out)

Call me a technophobe, but I think cryptocurrency (in pretty much every implementation I've seen up to this point) is a bad idea. If the system were built on cryptocurrency only, I definitely wouldn't participate. ironpotato is the polar opposite, he practically fetishizes dogecoin.

ironpotato  ·  3714 days ago  ·  link  ·  

See my previous post xD

_refugee_  ·  3714 days ago  ·  link  ·  

I was thinking that we should make our own Hubski currency? And that posting would be like "mining"? It was mostly metaphorical. Then I realized that the cryptocurrency would need to be based on actual currency because the point of this would be to fund Hubski and that to me then seemed to defeat the basic purpose of cryptocurrencies (as they are currently imagined/practiced).