kaal:claim:3782210-031

A reputation token is inherently worth more to the person who earned it than to someone who merely bought it, because of its secondary use in making future earnings, so reputation is harder to accumulate than cash and economies of scale are weakened.

Source quote, verbatim
A reputation token is inherently more valuable for a person who deserves it, than for someone who merely bought it, because of its secondary use in making future earnings.
From

Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021), Security, p. 11
https://ssrn.com/abstract=3782210 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, The Importance of Reputation for the Evolution of Decentralization (2021). SSRN: https://ssrn.com/abstract=3782210

Holds when
Classification

mechanismsupport: arguedtokenomicsdefieconomicsreputation

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