when I lock bitcoin it prevents anyone including me from sp…
when I lock bitcoin it prevents anyone including me from spending it for some amount of time. I can lock my bitcoin TO a message, signaling that I "like" it. This is a superior way of signaling I value something because I have to use a scarce resource and incur a small cost, so my "likes" are finite
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!quoted by metamitya
so if i want my post to take the top position in the HOT and TOP categories, say to advertise my latest art project, I just lock the most bitcoin to it?
yes exactly... we can use the lock amount to rank content, so the more you and others lock the higher the ranking in those streams, and in search results
by using money we can rank ideas and create a [[meme market]] to identify the most valuable knowledge / entertainment / enlightenment
Praise Derp
This is a good back an forth helping people understand the why behind it. thanks. I recall Joshua Henslee telling me about this concept, or a variation of it anyway..
And this could be done with products in a marketplace as well. Question: what is the timeframe for the sats coming back to us?