posted on Mar, 2 2010 @ 08:41 PM
Let's start an exchange program with other boards that involve similar ranking systems. Much like currency exchange, the relative value of the
various stars, flags, and what have you between different boards would float. Obviously the "rewards" on boards with more traffic would have more
value. Speculators could derive complex algorithms that determine microsecond-moves in the relative value of, say, a star on ATS and a star on another
Our Skeptic Overloard could create "fiat stars and flags" out of thin air and "loan" them to posters who feel they don't have enough, based on
promises to post quality posts later. These "promises to post" (or "bonds"9 could then be evaluated based on nebulous factors by some sort of
"inter-board rating agency" and sliced into "tranches" that could then be traded on yet another form of exchange. People collecting and
speculating in this area could amass massive amounts of "virtual" stars and flags. Then, when somebody demands an actual star or flag, and the whole
system seems threatened, a kind of "Congress" made up of the top boards could vote to bail out the system by flooding it with "liquidity," or
providing actual stars and flags to the biggest boards.
Hmm....sounds familiar....where I have I heard this tale before...let me think a momement...