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Your suggestion is open to: a) echo chamber: you'd get a lot more lisp/arc startups funded than you should b) gaming: I'll get all my friends to join so they
by jacobscott 18y ago
Your suggestion is open to:
a) echo chamber: you'd get a lot more lisp/arc startups funded than you should
b) gaming: I'll get all my friends to join so they can vote to give me money
I haven't reread "Wisdom of the Crowds" recently, but this answer just rings false to me. For example, I don't invest based on comments on Google finance.
- ram1024 18y agounless all your friends have significant "reputation" they wouldn't be able to impact the system. we wouldn't be giving complete noob accounts the same voting power as vetted community participants. voting ranking wouldn't be anonymous either. if you voted for something you'd have to be able to back up your decision against the scrutiny of the masses. every system has flaws, these ones are at least minor and possibly even self correcting