You are viewing a single comment's thread from:

RE: The Upvote Economy

I think our banks are even worse.

This is a much better option than going through the banking system which creates the money and then distributes it as debt.

The create debt on the promise of our future labor. Future labor is the only thing backing our currency at this point that can have a perceived value.

Tokenomics replaces the murky world of followers and views of today. Today we vote with our attention span and the ability to have advertising forced on us while the creators getting an ambiguous amount of revenue share. Tomorrow we can vote with our tokens and show support direction and remove the inefficient layers while streamlining distribution.

Posted Using LeoFinance Beta

Sort:  

Bingo.

When a vote carries a monetary value, no matter who small, it changes everything. Suddenly that engagement is a financial transaction. That opens up a completely different realm of possibility.

Posted Using LeoFinance Beta