Information as currency 2

Information as Currency 2

Almost there.

Blockchain is the opposite of trust.
It is about the most inefficient possible use of computing power.

Building distributed trust networks, with individuals signifying their own trust levels of all people in their networks, and self deciding how much and how far to share in each domain, is a far more powerful approach at all levels.

Providing there is actually enough for all, cooperation always pays higher dividends than competition (if one measures in actual products, rather than market value – as market values are based in scarcity, and fall to zero with universal abundance). It is thinking in terms of money that prevent us seeing the real power of automated systems.

And everyone needs to be alert to cheating strategies, and be prepared to punish them (as per Axelrod et al).

The price of liberty is, always has been, and always will be, eternal vigilance.
No logical escape from that.

Are you up for making it happen?

About Ted Howard NZ

Seems like I might be a cancer survivor. Thinking about the systemic incentives within the world we find ourselves in, and how we might adjust them to provide an environment that supports everyone (no exceptions) - see www.tedhowardnz.com/money
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