Reputation Markets

In investing, higher volatility usually equates to higher possible returns. In today’s world of online expression, we settle for lower expected value, market-level outcomes so as to not ruffle any feathers and not take any outsized risk. We’re basically hoping to allow people to know us enough so that they include us in their passive index of human... See more

Reputation has local value – it’s what distinguishes you within your world – but global demand for most people’s output is fairly elastic. In order to give people what they want, reputation is commoditized, bundled and traded on a global market.