A Momentary Flow

Updating Worldviews one World at a time

As we embark on the large-scale enterprise of creating a new infrastructure for social currencies, it is important to remember that social currencies operate quite differently than money. Their purpose is to facilitate social flows that often operate not on market principles but on intrinsic motivations to belong, to be respected, or to gain emotional support. Once we start measuring such connections or such flows, we may purposefully or inadvertently take intrinsic value out of them, creating perverse motives and incentives. In fact, instead of turning market transactions into social flows, we might be turning social interactions into market commodities. In the words of sociologist Chase, we would be applying ontic measurements to ontological phenomena.

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