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