Numeraire, still
From a value theory point of view the use of a numeraire is the weak point of the whole Makerfox operation. It feels like a hack, with no mathematical underpinning – @Matthias and I have gone into this discussion before. And yet, I personally have not been able to come up with anything better. Multidimensional accounting just seems too complex for the bandwidth of a normal person! So, in the course of this discussion, we dreamed up three extensions to network barter that might be conducive to encouraging more collaboration: gifts; one-side-contingent barter (I do X for you now, you put Y on the network in return conditional on some event); and intertemporal allocation (I can exchange present goods/services with future ones). As soon as Mtt’s posse is ready for it, we’ll deploy this as an experiment on Edgeryders.
I am curious: @elf Pavlik, do you think this is enough of a step forward to consider using it? Or is multidimensional accounting in physical goods/services the minimum acceptable configuration?