Visions of Blockchain Magazine Visions of Blockchain Pillar Unepisode | Page 38

VoB: The Jesus coin! around telling you I’m funny. So now, people know this person is funny, or this person is Grace Rachmany: The Jesus coin. Whatever controversial, and they get tokens for that. Of coin it is, and that’s true, money is a label. It’s course, that might be a problem, if the govern- just a label of value, and we can label many ment is going to find out that I’m both funny things. and controversial. There’s different ways of labeling them, I wo- So, how do you create a new mindset? My n’t go into how do you know that that physi- book! We call it version 1.0 because we don’t cal coin is related to that physical object, and really know. there isn’t a physical coin anymore. How do Marco and I, who are the co-authors, we you know that the hug coin was actually worth come from, I would call it, more of the self de- three hugs? volvement and personal development stream Did my heart rate go up? because, as you build companies, you start to We can value different things and, with all notice that your leadership is the bottleneck. these sensors, we can know. I heard somebody at this conference today Did that really make me happy? talking about human resources. Today, with the quantified self movement you They were saying, you don’t know what’s can know that. If I ate a piece of cake, did it going on with somebody at home, something make me happy or not? I probably have a de- might have happened to their child, something luded idea about how happy that cake made might have happened to their grandmother... me but, my sensor won’t have a deluded idea. I’m like , you don’t? I always know. My people So, we can value many things, we can cre- tell me. So, this particular person doesn’t ate our own values, we can issue a coin for know that it’s their own leadership which is what we care about, we can tip in ways that causing people not to tell them, hey, listen, we care about. Imagine different kinds of co- my grandmother just died. ins, even on the same thing. If you think about To me, it’s inconceivable that my employee SlashDot, people might not know what slash- wouldn’t tell me what’s going on with them. Dot is, when you rate something it’s ‚thumbs I have a remote organization where, from seven up, thumbs down’. It’s funny, helpful, and in- different countries, about once a month or formative. It’s not just one token that you can once every two weeks we have a video chat. give people, they call it ‚karma’, but you can We always start the video chat with a funny also give people a token that represents, ‘this question. It’s not, what was the best client you was informative’ versus ‚this was funny’ ver- had this month? sus ‚this was controversial’ versus ‚this was Rather, we ask ell \about something that you very well researched’. did that you’re proud of, tell us about a really You could even have multiple tokens. stupid mistake you made. Right now, Steem has one token but, you can This way, we all know about each other. We have multiple tokens representing different know how many children each one has, we values for the video that you just viewed. know that one of the guys’ wives is pregnant, It’s amazing, right? we know that one of the women is engaged. Then, people would know that I’m funny, and We don’t all come from the same countries it would be objective. I wouldn’t have to go but my company culture is to establish that,