Possible Global Currency Reset.
1- Create a Crypto Currency.
2- No maximum supply.
3- Continue with proof of work.
4- Set max Hashing power per connection to maintain decentralization.
5- Issue Set amount of crypto, (relative to inflation) to each person that can prove they are genetically individual for generations.
Could this be a better starting point than Bitcoin?
Have a look at Holo and holochain, they are introducing a mutual credit currency system that might be similar to what you are thinking about.
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Wow! Thank you. Very good reading. If they are planning to launch an ICO, I am out. There has to be a better way. Anonymous donations, that receive no coins for doing so. This needs to be transparent some how?
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Unfortunately, they are doing an ICO.. however, the ERC20 tokens will be transferred into holo fuel, i.e. they will disappear. As the currency is designed as mutual credit, the ICO tokens are basically debt the founders are incurring if that makes any sense? It's a bit complicated I find.
I bought a holo box but I'm not participating in the ICO as I will earn holo fuel with the box anyway. They are trying really hard to stay idealistic but it seems really hard. We'll have to hope.
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