Don't pay dollar-priced hardware in volatile tokens
Leveraging Incentives to Build with Your Community | Open AGI Summit | Brussels 2024 (Open AGI)
“When you incentivize in the token that’s native to your platform, that token tends to be a volatile token, and then incentive distribution happens to be irregular and doesn’t really make sense, because you’re most probably likely incentivizing real-world assets like a GPU or a CPU, which are priced in US dollars and not priced in your token.” — 00:07:23
Context: Lesson three: against cargo-culting Bitcoin block rewards; protocol designers must budget incentives in real-dollar terms.