Eric Wall on Eric's Orb (EP.417)

Eric Wall is a cryptocurrency researcher, analyst, critic, and investor. In this episode we sit down to discuss the creation and premise of his new project, the Orb.  What is the orb? How did the orb come about? How to bet on the human capital and reputational growth of individuals Why previous social tokens failed What does the orb entitle you to? Why the orb is not a security Harberger taxes and their implementations so far How harberger taxes create better allocative efficiency Harberger taxes and domain names The problem with social tokens as a way to invest in people Why an obligation to a single holder is better than one to many holders Eric's feud with the Hex community and how the rb could solve this Possible orb failure modes Possible AI issues with the orb Why orb issuers have an incentive to provide value to holders The possible role of orbs in venture capital How the orb could disrupt expert networks How to parameterize the orb The significance of the orb animations Further reading: Orb.land