Why is social currency more valuable than money in forming new pyramid?


The social currency is connections with people. When deep bonds and connections are formed, everyone beliefs towards a goal. With the synergy principle, everyone benefits because everybody can perform great in their own domain and hence provide value collectively. If the social currency is not available, then the task needs to be bought by money. In technology, if a startup is struggling, and they need a growth engineer, full stack developer, the rate is $250/hour. However, if a network of contractors is available and the resource, or engineer is outsourced to India, the rate is $30/hour. Hence with connections and networks, social currency is established in forms of introductions and connections. If an introduction carries a $1 million deal later, the introduction has a social currency figure attached to it. The monetization and collection of such introduction results in cash incentives, or stocks.