Bitcoin Forum

So lets say someone is trying to turn your laughter data (like how much you laugh throughout your day to day interactions) Into a encrypted digital collectible that could be exchanged globally throughout the world 24/7.

Would you participate in the open market of happiness?

Erm, wasn't there some hugs crypto here in the forum before? Forgot the actual name or whatever happened to it.

The question with this is, how are you even gonna monetize laughs and smiles? Or if you can have a software distinguish if it's genuine.  ;D

This is like how when people want to pay you in exposure. It doesn't mean anything and it cant pay the bills. Meaning that it isn't worth shit and shouldn't be used.

I'll never understand the world where people think that happiness or some shit like that is going to mean something when we're trying to keep the lights on.

I think that would be kinda dystopian, because, in order to do that you will need two things:

- a reliable A.I. software which will distinguish between fake and sincere smiles
- a tracking platform which will follow you 24/7 (a big brother, in short.)

Better to work hard and try to earn some dime the old fashioned way, in my opinion.

We'd use A.I to detect patterns from fake laughs to real laughs using our hardware device sensors (I'll give you an example... I want you to laugh out loud right now.) You probably can't do it on command and it is distinguishable to our machine learning algorithms as a "Fake laugh" Users will have to go through a probation period , and we will provide you with a GUI of your health over time and how much you laugh. We hope to see it used in hospitals with patients and doctors and nurses to build connections and for the time shared laughing together. We see women as a driving force in our expansion and a means of gamifying laughter.

https://www.prnewswire.com/news-releases/women-health-devices-market-to-hit-42-5-billion-by-2025-global-market-insights-inc-300827760.html (https://www.prnewswire.com/news-releases/women-health-devices-market-to-hit-42-5-billion-by-2025-global-market-insights-inc-300827760.html)


The value of GiggleToken is based on what you value for it. Of course if we are talking about Market cap. Our goal should be tethered to the price of other cryptocurrencies and other stables thus providing value for our users. Or 1.1Billion dollars (from the sale of hardware devices which equates to about 27,784,724 devices sold @ 39.99USD per device) Users will have to buy our devices using giggletoken


GiggleToken.com

We're not big brother , we hope to gamify laughter and create a digital asset just for laughs.

Money IS backed by happiness.
The more money I have, the happier I am.

is it based in fiat value or hard asset value?

Money is simply a tool to help us achieve our own kind of happiness. I'm talking about the natural ultimate high. Laughter ;)

I mean, if there was an actual way of doing it that would actually work and be effective, why not. But right now the only thing that will happen with ideas such as this is the creation of random scammy altcoins :P
But yeah, this will never happen lol.

This is just the same with that Bowhead project which do share up health data https://bowheadhealth.com/ but this one do talks about happiness and im sure this would still end up the same.

That looks pretty interesting. Thanks for the heads up!

As a Bitcoin sidechain I'll support anything.  You can even market it as 'backed by flatulence' if you like.

OK, so the smiles is the "mining" part, right? And then you'd start selling those tokens to people for it to actually have value? What would you give those first "smilers"?

I understand the initial "userbase" would be patients and that they generate these coins every time they smile out of contentment, etc. but there's got to be something to make it worth the effort of the healthcare providers to install detectors on patients and monitor them.


Reminds me of those coins that generates whenever a person uses an electric toothbrush.

I even saw someone sell prayers for BTC on this forum. There were hand drawn things, random images, hugs, naked photos of some ladies. Everything is tradable i guess even smiles and happiness.

Sure I would participate in this but who would want to buy it? This would be a donation of some sort.

Smile for me baby! Nice! Here's a tip. Is that what you have in mind?

It does sound like it's on the weirder end of the crytospectrum. It's not a bad idea but over time there'll be more and more of this coin being generated unless of course they'd restrict who can "mine" them.

Maybe it'll be mostly for patients like OP mentioned and people just buy them for charity, like when people raise raffles to pay for hospital bills.

Happiness is just random vibrations of the neurons in brain though :D how will they work out because as we become older those neurons will be dead and hence older we become, poorer we become. Guess babies would be billionaires xD

A kind of weird idea, and I suspect extremely difficult to implement. It would be nice to see something like this succeeding :)
I do have to say though that certain companies - such as Facebook - are already trying to turn our emotional data into money for themselves, by profiling our personalities and selling the data to advertisers.

Somebody does it already. There is a cannabis coin, I guess that soon there will be MDMA Coin and others.

But then again these coins do nothing. They have no real value and could be replaced by ANY OTHER COIN THAT IS CURRENTLY BEING USED NOW. Cannabis sales could use Bitcoin, BCH, XMR, etc. They could use anything. They could even make an ETH token if they want to.

Why do you need a dedicated coin for any sort of sector? There's no reason. These devs are just trying to leach off different causes to try to make money with no future for the coin.

All of these coins are a waste.

Yes, I'd agree with this in general. Sometimes coins for certain sectors are set up in a certain way, so that it does make sense. In the majority of cases though, you're right, they are just pointless money-grabs with no real purpose beyond that.

I agree, another project that deemed to fail imho. There are same projects already that are gone now, so is this new project imho. I am not against the project but I think developer  should think  other way that really needed and have significance and or great important to humankind.That way, its the people who will  seek and utilize this project.

you should better ask: would you work and sacrifice portions of your life for money backed by happiness accept is so sneaky.

Sounds like a good deal to get paid for laughing.
However, I cannot find any means of creating wealth with that. The ecosystem would be just a bubble which will explode and makes us cry instead of laugh.

Though it seems to be something like a dream, I'll participate with the happiness. We're into the world to have fun and enjoy the life with happiness. Once it was happiness that drew the life forward and now it is money that moves us forward. If the happiness is the driving force with value generated out of the same I'll be happy forever.

Isn't that what people try to use regular money for? Don't they often go to the movies or use drugs or alcohol for some kind of happiness? Don't they buy their girlfriends/boyfriends gifts to gain some kind of happiness for themselves? Isn't grocery shopping something that provides happiness for the body when the food is eaten?

Who ever heard of someone going to the store just because he wanted to buy something that made him sad or grief stricken?

At worst, we use regular money to avoid pain, grief, sadness as much as we can. Who wants to pay the $1,500 rent bill when he could use the money to take a trip out of town and see the sights? But paying the rent saves him from a lot of grief of having to find a place to live, etc.

8)

Interesting concept, but do you have ideas on how to realise it?

Absolutely yes if this could be realised but thinking the other side, this could have an effect to people who has mental illness. How would the proposed system distinguish happiness? There are people that looks so happy on the outside but it's no genuine in the inside.

If I see a project like this, I would probably laugh at it and dare them to convert that laugh (happiness) into a Cryptocurrency and give it to me, we have seen some pretty useless projects with usecases that would make you laugh out loud but this idea seems to be at the top of the list of useless ideas I have heard about. Anyways if I see a project like this, I wouldn't take it serious because I would know that it's just a blatant money grab.

If I can buy some happiness then it would be good because a lot of person do want it.  You'll never buy a happiness because it is good to have a simple life but you are happy then it was good.  Sometimes because of unhappiness it can cause from depression into death so it is better if we can buy a happiness.

This would probably be the hardest thing to do when implementing such an idea. Although happiness as cash is great and all, in the end, humans are filled with greed and would probably be able to come up with various backdoors that bypass the laws enabled in the system, generating huge amounts of income. Maybe human traffickers may even come to existence much more abundantly than before, creating huge distress in the community of the world. Still, the idea is great, if you're pretty much in a dream. If you're awake, well, lets give this a good laugh instead.

I suppose all such data is already being collected through our digital activities and it includes our liking/interests which can amuse us and make us laugh. Such data is used by companies for target marketing, the only difference is that we are not being paid for it directly beside personalized offerings. Btw, I wont mind earning a little but just for my happiness  ??? :P

Such data is already being collected and used for target marketing. Our social media activities, likes/dislikes, interests and hobbies all can direct towards what makes us happy and is being collected as raw data. Such raw data is used to get insights through various tools and techniques and used further to target us with an offering. Its just that we are not aware where we leak such data and also not getting paid for it.

So should your concept be implemented the happiest people will also become rich?

I was thinking of helping cancer patients and those with voice cancer as they can provide us with information regarding their throat health. Of course we'd have to use homomorphic encryption to ensure the data is secured but still decrypt it securely.
I was thinking of having these used with hospital patients and doctors and nurses , thus creating value with others generating Giggle Tokens. As long as we have a aging population and a lot of people who will see the doctors , we can see growth within that sector.



GiggleToken.com

isnt it already happening where the intelligent organization do record our digital journey, this could be data from our social media activities where these org can know about our interests, likes and dislikes. Tracking of such data can indeed show how and what makes an individual happy and where this info from raw data is used for target marketing. It is just that we dont get paid for that !

Yes, having information about people can sell them exactly the products they want to buy. This is actively used by Amazon and Facebook

It is better to say if what you want to have, a rich life with lack of happiness or you will be in a simple life but you are happy? That was be must good question because if everybody need to be happy then how was the transaction occur when there are a lot of people who will be rich? How the workers be work?