I had some video thoughts I wanted to share on this ten year anniversary of the original Bitcoin white paper, released October 31st, 2008.
Some things mentioned:
https://members.eosdac.io/
https://eosdac.io/
https://twitter.com/lukestokes
Tribalism: Our Shared Enemy
Happy Bitcoin Birthday. :)
I've been thinking about how this technology can become a government replacement. While I think that all of us want EOS to succeed and become so big that it becomes #1 in MarketCap, this increases the threat of centralization. So much wealth or value in one coin would likely create the negative downsides that we currently have in government. How easy would it be for a government such as the USA to come up with enough money to buy up enough EOS to vote in 15 of their own BP's?
Scaling 21 BP's to do the work of the world (not that this is necessarily what anyone in EOS is doing) sounds to me like what Bush 41 was talking about with the NWO and globalization. The path to freedom and the breaking down of problems is the same in both politics and programming. Localization is the ticket. For this to become some sort of political solution, we need some game theoretical incentive that would cap the size of DAO's.
I've heard Tim Draper talk about governments no longer being defined by imaginary borders and competing to provide services. The current governments claim monopoly power based upon these jurisdictions. Privacy through cryptography is one of the tools that can break threats of violence. Also, strangely enough, strength in numbers, by pooling (centralizing? - how about anonymous pooling) everyone against a coercive force that would seek to divide and conquer.
Reversing this centralization of power gracefully may not be possible, especially since cryptocurrencies are likely to spring a leak in national fiat everywhere when it becomes as easy and safe as email is now. Yet, something will have to be done with all those nukes that centralized military industrial complexes have created. May the hashing gods render all WMD destruct codes hopelessly locked forever.
We need to look at how nature accomplishes this balancing for ideas on how scaling becomes successful and what principles in nature keep ecosystems small enough to remain decentralized.
Edit - maybe we should study the breakdown of marijuana legislation (maybe this is already happening in other areas) to see what renders a law moot. What is it that gets a population to obey, or not? Prohibition doesn't work. Yet, many willingly becomes slaves to this two party voting system.
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Well said. It's a tricky challenge, and we have a lot we can learn from nature about how to navigate the future in an evolutionary stable way.
As to currency concerns, I like the approach of competing currencies discussed here:
And yeah, the nukes are certainly a challenge. I'm hopeful we'll find ways to deal with them and the rogue psycho's who just want to see the world burn. Hopefully those can be treated as mental health issues and we can work towards healing and rehabilitation instead of annihilation.
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I think that the solution against violence and coercion by existing jurisdictional governments is to increase agnoia (privacy through cryptography). Terrorism is a byproduct of authority, and control is increased by too much knowledge. The centralized digital panopticon is aided by the transparency of the people and the opacity of the leadership. It should be more natural for agnoia to side with the masses.
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For everyone in the industry & community that was started by Bitcoin, including all Steemians there is now another way you can continue Satoshi's legacy of bringing freedom by centralisation. Here your chance to fight back against Facebook & Google's attack on our industry and to recover you losses from the huge market drops caused by the Crypto Ad Ban.
Join the Crypto Industry Class action at https://www.jpbliberty.com/
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I saw this and was like... "What...???" but the more I think about it, the more it may make sense to have funds like this in place to protect DAC members and custodians.
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The movement has definitely started and it is ironic to see that even the organizations we are looking to improve upon are seeking ways to leverage the technology for their own benefit by way of efficiencies. It will be interesting to see how many remain in the grips of the centralized organizations that will tout blockchain efficiencies because they know no better.
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Thanks for the video Luke.
Really appreciate all of the work you do.
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Vastly amazing.
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Happy birthday you wonderful bastard
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