Posts Tagged: The Reputation Market

How Do We Know Who People Are?

It seems worthwhile to revisit the idea of the universal reputation market, in light of Schrödinger's Satoshi Nakamoto. Is this man Satoshi, or isn't he? For now, he equally is and he definitely isn't the progenitor of Bitcoin. No one has yet elaborated a way to decide.

One way, of course, that we might discover if this person is Satoshi Nakamoto is through constant surveillance—both physical and digital. Would that be a good thing?

How do we know who people are? We have some definite if hackable systems, like social security numbers. Names are a problem; sometimes unique, often not. So people are who they say they are—except, more [...]


Even Actors Find Out that the New Currency is Attention

I am making less money upfront than ever and so is America's Sweetheart™ and potential This Weekend's Oscar© Winner Sandy Bullock, who only got $5 million up front for her dye job in The Barf Slide. Now more than ever, actors are working on an attention-based bonus system, in which the success of a film is what brings the big pay, and the huge names take "less" up front. (Setting aside the hilarious pay scale itself, in some ways this is not a great idea, as actors have the least to do with the finished product being watchable or miserable? And yet still.) In the future, though, I think [...]