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260 points greyface- | 1 comments | 16 May 25 12:30 UTC | HN request time: 0.206s | source
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A_Duck ◴[16 May 25 12:51 UTC] No.44004852[source]▶
Why must crypto infect everything good?

Is the incentive even necessary? It would be worth testing if there are enough scientists who are keen to promote information sharing in their field without some minimal reward

I also wonder if this will make the penalties for uploaders more severe since it becomes a commercial act

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Mistletoe ◴[16 May 25 13:47 UTC] No.44005498[source]▶
Crypto is money in the future. You may as well have asked why must money infect everything that is good. Money is condensed time, the most valuable commodity in the universe.
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1. eagleed ◴[16 May 25 21:07 UTC] No.44009838[source]▶
Money is either a hard-to-forge representation of the value of a variable in a distributed algorithm, or a claim on a share of the total output of the economy. It is a coordination tool, not "condensed time". It doesn't have any inherent value in isolation, and you can't eat it any more than you can eat political power.

What it can do is incentivize certain behavior by playing part in the distributed algorithm. But adding more tokens to the supply does not by itself make the economy produce more.