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This type of industry-coin idea could work if it allows the professional to mint their own token, and the market knows how many they've put out, so buyers can j
by angel_j 8y ago
This type of industry-coin idea could work if it allows the professional to mint their own token, and the market knows how many they've put out, so buyers can judge i.e. can this entity do that much work?, and look at previous transaction reports. Then a service provider can decide to accept other's tokens, by way of agreements or market value. Chances are you wouldn't do that randomly, but through referral networks.
Whether this yields stability or profit or quality better than current systems, who can say? For dentists, I doubt it; for sex work and illicit trade, maybe; for freelance software development anything would be better...