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As the case of the recent 'whoppercoin' for BurgerKing in Russia exemplifies, tokens also can take on the form of reward points. In a world where all of these v
by novalis78 9y ago
As the case of the recent 'whoppercoin' for BurgerKing in Russia exemplifies, tokens also can take on the form of reward points. In a world where all of these various enterprise related token fields are 'shapeshiftable' fascinating economic incentives and dynamics emerge. Your investment in one tech project might thus allow you to eat for free for a year and if Burgers aren't healthy in your ideal world you might soon walk into a farmers market and pay electronically with tokens shifted. If everyone is a bank and investor - capitalist I guess you could say - then all of a sudden (central) banks face their 'internet moment' just like publishers, music, retailers did before them.
- paublyrne 9y agoYou're not eating for free if you pay for the privilege ... The future you describe where the value of everything is obfuscated by currency proxies sounds like something we should be trying to avoid. Just like foreign aid restrictions often stipulate that machinery purchased with aid funds needs to come from the donor country, it would be a matter of time before fast food companies tried to pass off partial renumeration in coins redeemable only in the business, as a good thing. Edit:I realise I'm making a leap from what you describe and being speculative. But this is the sort of thing I feel this road leads to.
- novalis78 9y agoYou'd be eating 'free' in the sense that one of your investments might pay off and as soon as you step into BurgerKing your token will autoexchange to 'Whoopercoin' - purchased by your wallet app refilling your Burger King wallet. In fact there might be subscription services that tell you when the whoppercoin market experienced a pull back allowing you to take advantage and invite your friends. Yes, all speculative but technically absolutely doable.