Once we get Boost working at full efficiency, I will begin …
Once we get Boost working at full efficiency, I will begin promoting it to the outside world. Anyone who is remotely clued in to what's going on in the world will want to use it once they learn that it prevents manipulation. boostpow.com
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Love you @24!!!
💚💚💚💚
Aww thanks!
How do you prevent the Greg Maxwells from using it to continue their manipulation?
I don't understand. What am I missing?
It appears to me as an overlay designed to restrict information flow so you can sell the flow to the highest bidder. Designed to control manipulation, rather than prevent it. 🤫🤮🤑
It's more risky to try to benefit from manipulation than from telling the truth and cooperating. Boost increases the risk because everyone must lose before they can gain. Truth-telling cooperators will be able to afford more.
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It's less risky to benefit from manipulation when you can influence the information flow than when you can't. When you can set the price and hence the barriers to entry above your competition you have a monopoly.
Boost may increase the risk, but
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it decreases the RELATIVE risk for those with more capital or following. Allowing a self reinforcing loop where they can use their privileges and grow a network effect to maintain their dominance & stifle their competition.
Why should truth telling
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cooperators be able to afford more?
I have no problem with attempts to layer profits on services. I feel it's becoming somewhat off track focusing so hard on the signalling effect of transactions.
Instead we can focus on the plethora of opportunities
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to add layers to services that build on the newly aligned interests of user bases that micro transactions bring.
The opportunity to deliver what the user wants. Capitalizing on the untapped efficiency of aligning the user with the product. Away from
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the traditional method of offering opportunities for groups to profit on the user base.
I hope I'm wrong, sure I'm missing something, don't understand half of it and wish you the best of luck. But if I'm right, I look forward to breaking it.
If you know something better to do, you do it and earn more bitcoins. I'm doing what I think Bitcoiners need the most.
You can't control information flow with Boost because we just rank all content by proof-of-work.
Read "Biological Signals as Handicaps" Grafen 1990.
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Thank you, for those interested in an excellent review and critique:
The Handicap Principle: how an erroneous hypothesis became a scientific principle Penn 2019
https://bit.ly/2y6k52y
IMO, as far as actionable lessons, almost all that can be salvaged
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My goal is to increase the value of bitcoins by growing their functions hence widening types of tools that can be built furthering growth.
This desires valuable developers aligned with that goal. Working efficiently, where they'll also earn the most
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bitcoins AND have their coins grow in value.
I offer clues to efficiency (and therefore $, prestige & satisfaction) in choosing functions to grow, not by how costly these signals are. But by their content itself. Permanently on ledger.
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is Spence's https://bit.ly/3b62syr
assumption, viz. 'cost of signal MUST be lower for high value info and act as signal to receiver such that they will pay a higher cost'
High cost != honest, must consider individual case cost/benefit of deception
It's more efficient to look for a demonstrated opportunity cost first.
how do i boast my boost?
1. go to boostpow.com
2. pay to boost content
3. ???
Wouldn’t they have to overcome manipulation to even know to use or trust it?
Yes those are the people I'll be promoting to first.
boostpow.com/search
eventually we'll have a site that looks like reddit that contains all boosted content. There will also be developer tools to embed boost in other pages.