- Apr 23, 2016
- Dash Address
It leads to inflation in FIAT money. It doesnt lead to inflation when talking about cryptocurrencies, because the maximum number of cryptocoins remains stable.That's because most of the people that got into crypto early actually believe that basic income is a bad thing and should be avoided, as it inevitably leads to inflation.
There is ucoin/renamed to duniter/renamed to G1. They have a remarcable theory regarding basic income, based on mathematics. Unfortunately the duniter community leaders hate governance. I am banned there for one year (until 17 jun 2018), because they hate polls (and freedom of speech and anything that has to do with governance).That being said, I would like to see at least one crypto that does basic income, but does it right.
I hate biometrics. Biometrics is the ultimate privacy invasion, and I am a hardcore anonymity advocate. An alternative proof of individuality that does not require biometrics is the proof of individuality that can be implemented if you apply my proposal . Unfortunately there is not a single cryptocurrency community on earth that has ever applied cryptoparties as a mean of proof of individuality. Many physical cryptocurrency meetings take place all over the world, but no one has ever put a ballotbox, let the attendees put printed wallets/ public keys inside it, in order for the attendees to be anonymized .I still don't see how we could make proof of individuality work on the blockchain. Maybe if your biometrics or your DNA would act as a private key?
The only coin that will survive in the future, will be the coin that will give dividend to the future generations.I'm an ADA whale and no, I won't ever give up my power or vote to give free shit to newcomers. Can't wait to start staking my ADA this summer though!
But that was a good discussion. Much more honest than anything Dash has regarding governance issues resulting from massive power/distribution imbalance between newcomers and Instaminer Whales.
There is a systemic attack on cryptocurrencies, and especially on governed cryptocurrencies.Wow, I didn´t know that there are much other coins with governance. thanks for the post
Please help me inform the people. The system is attacking us...Wow, I didn´t know that there are much other coins with governance. thanks for the post
- A well governed foundation is the key to longevity, growth and stability. The Board of Steering Committee oversees the various functional committees within a decentralized foundation. The board members, through a governing agency, ultimately guide units towards cohesive goals and enables collaboration, efficiency, and output across channels.
- The Board of Steering Committee is the governing body of VeChain Foundation. It represents the balanced interests of the VeChain blockchains stakeholders.
pardon my ignorance, but isn't it kind of counter to the entire crypto ethos to have any governance rule over a cryptocurrency? why would people want that? #likeseriously #freecrypto #liberatecryptoI will post here (and you are welcome to post too) any cryptocurrency that has governance.
- DASH : https://dashvotetracker.com/
- DECRED : https://voting.decred.org/
- PIVX : http://18.104.22.168/~pub/DN/DN_masternode_payments_stats.html
- bitshares: https://bitshares.org/technology/delegated-proof-of-stake-consensus/
- Infinity Economics: http://infinity-economics.org
- NXT: https://nxt.org/
- MUE: http://www.monetaryunit.org
Initially this was Satoshi's dream. A coin that is not governed by anyone.pardon my ignorance, but isn't it kind of counter to the entire crypto ethos to have any governance rule over a cryptocurrency?
The more loyal or slaves you have, the more money you have. The money you own exists because people believe in it or because you force them to believe in it. If you have no loyal or no slaves, then whatever money you have is tottaly useless. In case you have loyal and faithful people your vote/opinion is what really counts and not your money. In case you have slaves, your power/force (against them) is what really counts and not your money. So money totally depends on someone's vote/opinion and on someone's power/force, and it is impossible to exist otherwise.
Many people are confused and they say that the more money someone has, the more voting power should have. If they are not forced to say this, they say it because they are loyal and faithful to the rich. Being faithful and loyal to the money (to the rich) without being forced, this is the ultimate stupidity.