- Very little work today happens through prizes (emh)
- Prizes are high variability; reliability is important for getting things actually done
- Prizes are fixed/cost basis; actual economy is value-add based
- Prizes are seductive but lazy: "here's some money, give me stuff!"
- high uncertainty with prizes discourage serious participants
- while wasting lots of time from wannabes
- Prizes rely a lot on marketing so that the right people hear about them
- From:
https://twitter.com/peterwildeford/status/1561438183677722625
- Prizes take a long time to pay out