First original post here. I’ve been watching for years with tons of hopes for a real change. I see many cryptos and groups and orgs doing various parts of what I hope the future brings but only MS has the potential for technically doing it all and in a completely correct and decentralized manner. Hence, I’m posting to this group. My apologies for the length but it’s a very comprehensive topic.
I’m very future-minded. Starting a disruptive energy company, coming from automation and manufacturing and internet worlds. I’m very pro towards the following movements but also see all of them failing to fundamental flaws that stop their progress. I spend my days working out how to fix those by working with other groups. They include:
Zeitgeist Movement, TVP,
Net based voting - possibly governance,
Net based education,
Decentralized disrupted and distributed everything,
Monetary reform (conversion to digital) up to and including post monetary economy,
Elimination of all non-local governments and borders… (scary, I know)
First the problems I have with this community. It seems to me that too much focus is placed on making money from the mining process and from the inflation of the value of SafeCoins. Isn’t the purpose of a crypto to disrupt the corrupt banking system which robs value by deflating people’s prosperity from them? If so, inflating the currency value would be nice but only if it was due to increased prosperity, not by system games.
The stock market robs value by giving undue proceeds to people not involved in the productive sectors. It’s no different than the derivatives, hedging or full-fraud money laundering and market manipulation games. If an app can displace the stock market by putting investors directly in contact with investees, why not eliminate all the middle-men.
The insurance industry is the same. Without the middle-men and on a global scope, total insurance expenses can fall to a fraction of current amounts.
The energy costs (my field) can be replaced by fully distributed, paid-off systems which utility companies would pay dearly to tap for their excesses.
Education can be automated to include the best peer reviewed info and presented in the most applicable form for each individual.
Voting can be ubiquitous, perfectly verifiable and free. And if so, governance can be optimized toward a continuously reduced scope. Defining laws (a contentious topic on other posts) can be globally debated to present the most applicable set to whatever entity still creates the actual laws.
I see all these as the obvious next steps in civilization’s advancement. When they happen is up to the popularity and ease with which they can be implemented but both of those depend on the tools available to make it happen.
MaidSafe seems to me, to be the best platform for every one of those tools to be created on. It has the security built in to be anonymous as well as fully interactive on the global scale. It has the ability to pay privately for content (a needed step in money’s transition).
It even has the ability to tax the economy in a perfectly fair and fully capturing manner. I know this is a controversial topic but hear me out. Taxes are not the evil that some say they are. That evil lies only in what the taxes are used for. A transaction fee is a tax used for maintaining the system. A devaluation of the currency is a tax used for creating more currency needed to scale up. Even giving the founders and miners money for their jobs is forced taxation but it’s ok because it’s not giving it to some government to pay undesired costs, right? No. It’s the same thing. We all agree to pay some fee inside of whatever system we’re working under, so let’s just get to the meat of the question…
What services are we willing to pay a fee, tax, charge or bill to? As I said above, all cryptos seem to be ok with paying miners. I’m ok with that as long as the miners aren’t replicating each other’s work as much as in Bitcoin. Same with the founders because they need startup capital both to live on and create the trust in the minds of the public.
However, many people aren’t ok with paying for the changes in society. I’m talking about technological unemployment. The simple fact is that jobs are increasingly going away faster than they are being created. We can debate this all day but I see no point if the solution is simple enough so that’s where I’ll focus. The numbers should speak for themselves.
Under the end-game scenario where all money exists as SafeCoin (which I see it as inevitable that there be only one currency), it would only take a single percent of tax on every transaction to provide a fully encompassing safety net for all humans if done correctly. The caveat is that all transactions would need to be taxed, not just the ones in this currency or that one - hence the single currency requirement. (Keep in mind, this is the “end-game” scenario.) This fee or tax would be levied autonomously on all transactions, be they human to human, bot to bot, business to business to government or whatever combination. Even a father giving his son $20 for a date should count since it’s money movement. It hits hardest on the least productive aspects of society like rapid stock trading and derivatives, money swaps, banks shifting money to manipulate markets and such so why not embrace that to dissuade that activity? And if that activity drops enough so there’s not enough revenue to fund a full basic income, the result would be such a productive economy that the costs of living would fall in line with the reduced incomes. Eventually, everyone could live a decent living standard with no work… because there would be enough bots, automation, algorithms and artificial intelligence systems in place to do all the non-volunteer work needed. At that point, money can simply be forgotten because it’s hassle is no longer worth the time.
So, I see a mesh-net based MS structure taking over because it’s 1) secure and 2) easier and 3) has more “users” to interact with (the only reason Facebook exists and continues to grow). It will eventually facilitate IoT communications and transactions, easily lending it’s security features to speed that process. It will empower content creators of all types to dump the paid middle-men, centralized structure which then attracts the masses because of content quantity. Same goes for YouTube, porn sites, news sites, social sites and all the other Twitter style things. Basically, if one is doing anything that others want to see or hear or learn about, they can make a living that way. If not, they can live a basic life while doing nothing.
There really is a path to changing the entire world for the better and this is one of the most powerful and relevant tools needed to make that happen. Most importantly however, I see it as both the time when it’s needed most and the most possible so why not begin the discussion?
I see all this happening in about 20 years but that’s predicated on the basics being set up now, not 3 or 5 years from now. As such, I think it’s time to begin discussing the future of the world asap so a consensus can become an action. What are your thoughts on all this or any specifics?