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by xianshou
1084 days ago
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This is great, but suffers from the same issue as carbon credits in that any secondary market is likely to allow multiple pledging for the same underlying activity. If someone is already simulating millions of orgasmically happy fruit flies, for instance, they can earn utility credits by promising not to deactivate those flies - but how can we verify the same promise hasn't already been extended elsewhere? I think you need some NFTs. |
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And if you build them on a proof of work system you even increase the demand for carbon credits. It becomes a wonderfully self-sustaining and robust ecosystem unlike that pesky delicate one in the amazon getting in the way of good farmland.