This is one of those posts that is easy to disagree with and it is easy to find fault with the some of the arguments. Nevertheless, it is an attempt, an essay as Paul Graham would say, to understand a thing that is worth exploring. The concept of "proof of work" is one that is much easier to understand now that we have bitcoin. If I look at art movements, it is interesting to wonder if proof of work is mixed in there. Did the collaboration of Gauguin, Van Gogh and Cezanne involve proof of work?. And social capital or a social currency is to me worth more thinking.
Thanks for this.