Well, look, the crowd is learning!
TaT, it only took me from APR/2012 to present to learn to start asking the right questions. The WoT
appears to be subject to scammer infiltration as well, though infinitely better than blind trust.
Would there be any way of "seasoning" a decentralized security in similar fashion to a promissory
note? This would assist in providing a discount rate for said security.
I guess what I'm really asking is, "Is there a way to specifically establish a level of trust for a given
issuer in a decentralized, quantifiable way?" How about a system similar to a consumer credit rating
or a DNB rating for a business? Does WoT really address this completely?
I'm looking at 5 years in the future when new products and services are flying into the crypto space.
I want a way to make good calculated risks with investments through a decentralized method that
attempts to quantify trust ratings as much as is realistically possible. I want to eliminate as much
subjectivity in trust ratings as possible.
Maybe WoT is already the right vehicle...maybe it could be improved upon.