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The problem with staking in the decentralised world

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 …

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The Age of Idleness

We stand idle in the heat  Crammed onto a platform waiting for a train delayed by 10 minutes The  platform is overcrowded  move down the platform, move down the platform the announcer keeps saying To where I wonder I have spent the last 8 hours idly moving data around a spreadsheet something a computer could and should have done  It …

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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 – …

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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, …