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Podcast Playlists and TCV Use Case

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Matt

Given the complexity of Bitcoin and the immense amount of information @Adam has done a wonderful job curating. I feel it might be ideal to incorporate standard playlists that would allow entry level users to have an easy way to get to know Bitcoin, security, trading, altcoins, meta coins and so forth. This might also be an excellent use case for TCV as well. New users could be asked some basic questions to determine what they know about Bitcoin the information is then curated appropriately via token(s) supplied by the LTB network. As the user becomes more informed of the technology new information becomes available. This creates a learning path or "rabbit hole effect" for people new to Bitcoin instead of just overwhelming them with the latest news in the industry.

Thoughts?

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  • dpc

    Good idea.

    A small suggestion: wait until users are established before they are asked to create a wallet or answer questions. The research is shocking to see how the smallest barriers, like an extra question can stop a significant percentage of users from signing up or engaging with a new service. Once they are signed up, ask away though.

    You could also flip the idea and give tokens as badges for users that have demonstrated they know the 101 stuff. Steer new users towards the basics until they've earned the 101 token.

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  • rotalumis

    I don't quite get how running such a system on tokens will make it easier to implement or benefit the user experience, or any real advantage to using tokens in this case. Maybe I'm missing something, but I've had to stop myself from trying to over-tokenize stuff a few times now and I think this might be a case of that.

    Tokens have disadvantages (barrier to entry, you need Counterwallet, they cost bitcoin to send around...) and advantages (they can represent all kinds of things, versatile functionality, built-in security...) and we need to weigh one lot against the other. Otherwise it's like sticking wheels to everything just because someone has invented the wheel and we now can.

    Probably the biggest feature of tokens is that they can be traded or transferred freely between users. This can be both an advantage and a disadvantage, depending on your use case. For example, for certain games with a large incentive to cheat, the ability to transfer tokens can be a big disadvantage unless you are happy for people to buy their way into the game, so tokens might not make sense for game mechanics. On the other hand, if your game prize is exclusive access to the luxurious LTB spa, then making that a token and letting the winner trade it adds appeal.

    As another example, say we're developing the LTB limited edition Halloween website theme and selling 500 tokens that give access to that, we actually want people to be able to invest and trade in the tokens so tokens make sense, compared to the cost of sending them, barrier to entry for a non-essential service and whatever..

    Again, I could be missing something very obvious, so I'm always interested in arguments on why tokens make sense for any particular application.

    TL;DR: We're still discovering how tokens work and what we can and cannot do with them, and they are not necessarily always a good idea. I was having a conversation with @adam on when and when not to use tokens just a couple of days ago:

    [14/07/2014 21:47:31] Andrew: We're on the same page. I'm just saying that maybe certain things should not be transferable. Would you agree with that?

    [14/07/2014 21:47:37] Adam B. Levine: yes

    [14/07/2014 21:47:40] Adam B. Levine: but in theory they all are

    [14/07/2014 21:49:11] Andrew: I mean if someone earns "insightful commenter" flair because he continuously gets likes and positive feedback, that's helpful for actually identifying valuable members. So I'm saying we don't want someone to just be able to walk in and buy that.

    [14/07/2014 21:50:09] Andrew: If someone is the LTBN Rock, Paper Scissors champion and wants to sell his trophy, then why not.

    [14/07/2014 21:50:51] Andrew: That's the distinction I'm making.

    [14/07/2014 21:52:29] Adam B. Levine: Ah yes I like that a lot!

    [14/07/2014 21:53:00] Adam B. Levine: SO perhaps things like that are reputational and non-tradable but they give you a reward

    [14/07/2014 21:53:22] Adam B. Levine: Maybe they give you a token that can be redeemed for a chat access token

    [14/07/2014 21:53:30] Adam B. Levine: I don't know

    [14/07/2014 21:53:31] Adam B. Levine: gotta eat

    [14/07/2014 21:53:32] Adam B. Levine: cheers

    [14/07/2014 21:57:39] Andrew: Comparing stuff to the real world is helpful. If the status/power the token or flair confers can be used fraudulently or gives unfair advantage if transferred, then it shouldn't be.

    [14/07/2014 21:58:22] Andrew: If I give you a job, I typically don't want you to offload it.

    [14/07/2014 21:58:48] Andrew: If you have a reputation, you can't sell it.

    [14/07/2014 21:59:19] Andrew: If it's more like property or a general privilege, then transferring is fine.

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