The decentralised/blockchain community holds independence, freedom and a lack of hierarchy as a core ideal, however they are using a flawed method from game theory that will do the opposite of their intentions. Staking Staking is everywhere in the new decentralised economy. Whether it be Proof-of-Stake to determine who gets to verify a transaction – and get the rewards, to …
Decentralised UBI with stable coin and uses – DemoKratia
Integrated decentralised Guaranteed Income (GI) of 30k (K30,000), with a full-Ampleforth scaled stable coin, face recognition based verification of unique identity + Idena (flip tests) sweep to weed out fake accounts. Demurrage and flow siphon (transaction tax) to control inflation. Automated self-lending (DeFi) service, coin/token/fiat exchange, pay per use social media. And social money for civic organisations. Names: Coin – …
Suburbia – an odd thing to choose
Suburbia – An odd thing to choose “The cities will be part of the country; I shall live 30 miles from my office in one direction, under a pine tree; my secretary will live 30 miles away from it too, in the other direction, under another pine tree. We shall both have our own car. We shall use up tires, …
Work in the post Covid era
WFH is confusing and maybe progress.
Lender-less borrowing – the end of banks
There is no reason to have a lender when you borrow money, you can just borrow from yourself at zero interest. How is this possible? Our view of money and debt has changed significantly in the last 12 years since the GFC. We used to think banks took our deposits of government printed cash and lent them out to borrowers. …
Fixing the world
Modern Monetary Theory: democratising money Universal Income: Empowering real people Trustless decentralised bureaucracy: decreasing the labour and difficulty in doing simple tasks, and eliminating nepotism. Liquid democratic organisations: Real democracy for shared resources and infrastructure including healthcare Automate: Its still cheaper to exploit cheap workers than to automate, we need to automate all labour and increase leisure and contemplation. If …
Fluid Democratia – decentralised society
Abstract Fluid Democratia is a fully integrated decentralised socio/economic system based on a decentralised ledger. It incorporates a new currency, universal income, P2P lending, currency exchange, Land registry, and liquid democratic resources and infrastructure management. The purpose is to create a parallel system to the current hierarchical organisational structure. The aim is true freedom with sustainable prosperity. Unlike other distributed …
Is giving a gift more morally decent than contracting an exchange?
I ask this question in part because of my recent experience with crowd funding, the idea behind crowd funding is to support some ones idea, project, or invention by giving them some money. They may promise to give a gift in return but there is no contractual agreement to provide a product or service in return for the financial contribution. The …
Why the rich get richer and the poor poorer
Luck determines the winners and losers of society, not merit or hard work. Those that start out with more get more, and those that start with little often fall through the gaps. Inequality is not only caused by the human inventions of rent, profit and interest but also by a quirk of the economic system which means that if …
HyperNormalisation: New doco from Adam Curtis
Adam Curtis dissects the political malaise we have been lead into. There are no new grand ideas just crisis management. Politics as exemplified by Trump and Putin has become a game of shapeshifting. No-one knows what they stand for or who they really support in the fictional reality spewed to the masses. If you don’t know what they stand for …
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