Scoring Bitcoin Points Like Digital Airline Miles – Bitcoin Magazine

This is an opinion post Michael RheeFounder of Wavlake and a contributor to Bitcoin Magazine.

Everyone likes to keep score. From likes and mentions on social media to airline miles and Starbucks Awards, points tell us exactly where we stand in the commercial world. It could mean more eyeballs and a sense of approval on social media platforms. In the world of airlines and cafes, it could mean more free travel and frappuccinos.

Today each of these scores lives in a walled garden. Like a gift card to your favorite store, these points can only be redeemed in one place and locked in a limited context. I can’t turn the likes on my tweets into free coffee. I can’t convert views on my YouTube videos into discounted hotel stays either.

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