Digital Currency Whose Value Is Based on Your Reputation

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Digital currency that relies on personal reputation? What could possibly go wrong with that?

A New Instead of using pure mathematics to prevent things like the same person spending the same money twice, Document Coin will rely on personal reputation to keep all transactions in order. And each unit of currency created using Document Coin could have different values in different situations. If you use a coin in one place, it might be worth more then if you use it in another. The goal, Anderson says, is to get people to completely rethink the entire idea of money.
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The goal, J3RK says, ist to get idiots like Anderson to completely rethink the entire concept of a good idea...
 
So is the point that if one person has a good rep, his money is worth more than if a person has a bad rep? Is that the gist of it?

In other words, if you're a dick on the internet, don't use this currency.
 
It's like that Luke Crane game except without the implicit acknowledgement that this is a horrifying idea to implement in real life or the science fiction elements that made the idea of a reputation based currency fun in the first place.
 
Steve's currency went way down after that bra photo thing...or maybe it went up. How the hell would that work?
 
So then it would only take .000001 whatchamacallits to pay my comcat bill...
 
Because everyone knows reputations is the most accurate and valuable thing since like middle school...right?

Unbelievably dumb idea. Or rather, obvious scam to make a shit load of money for the creators once enough narcissistic idiots buy in.
 
Wonders's whos coin would be worth more?

Jesus, Budda, or Mother Teresa?

Who's would be worth less?

Devil, Hitler or Tonya Harding?
 
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