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 –… Read More The problem with staking in the decentralised world

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… Read More Decentralised UBI with stable coin and uses – DemoKratia

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… Read More Fixing the world

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… Read More Fluid Democratia – decentralised society

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… Read More Is giving a gift more morally decent than contracting an exchange?