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Pow Thoughts by creepybird

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· @creepybird ·
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Pow Thoughts
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Well one of the reasons I like PoW over PoS is PoW feeds the real world economy - power plants, equipment, people to run the miners etc. But it's somewhat pointless - the only purpose of the economic activity is to generate crypto coins and validate blocks. It's not quite a broken-window fallacy but it's close enough I can see it makes ppl uncomfortable (especially while crypto remains something of a "toy")
So by analogy to kids being introduced to finance via real world jobs etc, but also in line with encoding social goods into the structure of the currency, I was wondering if there was some way to capture and encode the act of providing real, nonfinancial value to someone else - whether helping them move house, taking orders at a counter, or whatever - into the block generation/signing process and rewarding the ones making the contribution with coins.
The only thing I can think of is some kind of social approval thing - collecting enough "points" from other people for your efforts
though that could lead down a dark path too
it's a half-baked idea.
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