Blockchains are boring now. It’s been ten years since Bitcoin launched, and cryptocurrencies have almost exclusively been used to recapitulate existing monetary systems in slightly new forms. This is boring. Programmable currencies give us the ability to build whole new categories of economies, ones which reject all traditional assumptions about how value is generated, transferred, or stored. It’s past time to start experimenting with such systems.
Putting my reputation where my mouth is, your (not-so-)humble correspondent has done just that. Specifically, I have created, and open-sourced, an experimental, blockchain-based, non-monetary economy, one which quantifies reputation as a spendable currency within a gift economy.