I apologize for the broken link. I used the wrong button so it linked as an ftp URL.
http://bitcoinbabble.com/?p=170The one above should work.
The OP was not clear about the idealized system, and since you claimed to be competing with the USPTO I was assuming you intended to provide protection for work. You put a lot of detail into the proposition of this currency, but I still don't see a value proposition for the inventor/creator, unless we assume that someone will give credence to these coins.
The arguments I laid out were based on my assumptions because the OP wasn't complete. It would be better if you put some more time into fleshing out the system you want.
Thanks. I did put a lot of thought into this concept. I invent for a profession and always want my work to be top notch.
Value for the claim specific currencies will come from advertising rights that are paid for in the specific currency. Demand for viewing the submitted content drives demand for advertising alongside the submitted content, which drives demand for the currency. I think this is novel for crypto currencies, which are becoming more like crypto corps. I think of them more as corporate stock than currency.
I also believe that if you have a new innovation yet to be published, society gets wealthier when you publish it. The disclosure transaction makes the world wealthier. A person discloses the information to society in exchange for coins. To balance both sides of this equation in equilibrium, the coins should be worth a decent amount depending on the value of the information disclosed.
value given by inventor to society = value given by society to coins
