So I’ve spent a bit of time over the past few years trying to reason my way trough society breaking away from our capitalist overlords.

Let me try to summarize some of my thinking as simply as possible; you start a second economy, one founded using Blockchain technologies and algocracy, with an utter focus on human welfare and ensuring resistance to tampering and unjust accumulation of power and wealth. You siphon the global population over to this new economy effectively stifling the old economy where the totality of the 1%'s wealth resides and is therefore rendered worthless.

The above is by no means a complete summary and there are a bunch of other concepts loosely associated with this such as environmental sustainability, transhumanism, degrowth, fostering small communities etc.

I’ve written about DACs, one of the components of the above here: https://sturlabragason.github.io/blog/2023/07/04/Decentralized-Autonomous-Communities.html

  • @Viking_Hippie
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    41 year ago

    Let me stop you right there. Basing an aspirationally egalitarian economy on the blockchain is like fertilizing your garden with powdered uranium: even IF it sorta kinda works at a glance, you’re poisoning your garden and anything near it as well as the planet in general.

    • @sturlabragasonOP
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      31 year ago

      Can you expand on your answer? Why do you say that using blockchain (and I mean blockchain and not cryptocurrency) would be no good?

      Also I love the colorful imagery of “fertilizing your garden with powdered uranium” 😄

      I had Midjourney draw it up for us:

      fertilizing your garden with powdered uranium