RE: Solving Intellectual Property Fraud Using Hive. Who Wants In?
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Yeah, a timestamped Blockchain is a pretty solid way to verify authorship, especially for independent journalists and authors not tied to newspapers and publishing houses. And with the Blockchain, we can apply shame-based enforcement to egregious plagiarists. That's one of the key uses for a downvote IMHO. And I am a fan of the BIPCOT license.
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Although up and downvoting can be relevant to this - especially if Hive gets big and the token value increases significantly - I think the real value to society is the traceability of ideas. This traceability should be more valuable than tokens or even money itself - in that people's standing in society can be based on it.
My point is that people looking to exploit might not really care at all about getting downvotes, even if their account was totally tied to their ID via KYC (Which it probably wouldn't be) - because downvotes might not tip the risk/benefit ratio in favour of them being honest. However, having a system that works extremely efficiently and effectively would at least make it pointless for them to try to cheat in the first place.
I've never seen the BIPCOT license before, but it's pretty fun! :)