Reputation, influence & attention are tradable tokens but not currencies
I have been reading Peter Vander Auwera very good blogs on the future of money and alternative currencies - http://petervan.wordpress.com/ with thinking from BitCoin, Caplinked to reputation, influence, and attention.
If money (a currency) is a token that must be .....
- Memory of a previous exchange
- Store of some value
- Medium of exchange
- Measure of value
Knowing that a currency (token) should be Durable, Transferrable, Exchangeable, Recognised, Divisible, Accessible, Standardised, Difficult to forge/ counterfeit, Valued, Available, cannot be Created by everyone; then reputation, influence, and attention cannot be a currency.....
Should your reputation, influence or attention be exchangeable for goods and services - probably, but how should they be valued?