Title: Cryptocurrency with perpetual 2% emission to solve climate change/deforestation Post by: CookieKawaii on February 16, 2020, 10:10:46 PM Seeking feedback/collaborators on this project. cookiekawaii@protonmail.com
Introduction
Why environmental coordination problems are difficult to solve:
Why global currency has potential to help this:
Why global currency is inevitable:
Why this currency will be chosen above others:
Features of the currency - POS
Challenges of fund dispersion:
Title: Re: Cryptocurrency with perpetual 2% emission to solve climate change/deforestation Post by: avikz on February 19, 2020, 05:48:44 AM Noble thought! But I don't rally understand a need of another cryptocurrency here! At this point of time, when we have thousands of cryptos available in the market, how on earth another crypto is going to make a difference?
I am not against cryptos but I really feel that we have more options than required. Technological developments are needed but that doesn't need to be tied with a cryptocurrency everytime. It will just ruin your work and time in this immense competition! Title: Re: Cryptocurrency with perpetual 2% emission to solve climate change/deforestation Post by: odolvlobo on February 21, 2020, 02:06:51 AM Some issues to consider:
1. How would the funds be administered? Who would decide how they are spent? 2. You are essentially proposing a 2% tax on everyone that uses the currency. Wouldn't people choose a different currency to avoid the tax? Title: Re: Cryptocurrency with perpetual 2% emission to solve climate change/deforestation Post by: fiulpro on February 21, 2020, 05:24:05 AM The thing is , the carbon footprint of a Cryptocurrency for example , Bitcoins is due to minning and soon when all the Bitcoins will be mines there will be nothing left to increase the pollution .
At the same time the miners can obviously use the renewable resources so that they can get money, not at the cost of the environment. I do think having a whole new Cryptocurrency for that would be excessive, when you can just collaborate and work with the existing one. Title: Re: Cryptocurrency with perpetual 2% emission to solve climate change/deforestation Post by: el kaka22 on February 22, 2020, 08:10:51 AM The thing is global money isn't a must plus it is also a horribly difficult thing to achieve as well. Everything you have written have good intentions in it and I understand why you would want something like this but the reality is that politicians are the ones who will decide on things like this most of the time and they do not want this to happen in order to not lose power.
If a politician has the same level of power as any other person and if a politician is held accountable for their actions like any other worker who gets fired for being bad, that would mean end of bad politicians and all their bribe money which they will not allow. Think of it this way, the world is running out of time and human species will be gone soon if we don't do anything about it, yet politicians get paid by oil companies so they do nothing about it. When you think that, you will realize why your system won't work. Title: Re: Cryptocurrency with perpetual 2% emission to solve climate change/deforestation Post by: Hydrogen on February 26, 2020, 02:16:43 PM Interesting. :)
One of the biggest obstacles imo to designing and implementing a successful money exchange paradigm is: creating value. Especially with a topic like climate change where adopters aren't likely to see tangible benefits due to the issue of greenhouse gases in the atmosphere being completely invisible to human eyes. We don't see the issue, we only feel the side effects. There are plenty of projects focusing upon planting trees and minimizing deforestation. Perhaps it might bode well to focus more on the human element. Its less saturated and the potential for gains more tangible. In practice the way this might work is. Early adopters and end users of the coin would be entered in a lottery. Periodically, a number of them would become eligible to win solar panels, batteries, electric vehicles, organic plant growing equipment. Items which could enhance their capacity to reduce carbon footprint, reduce greenhouse gas emissions and help combat climate change. With information and experiences being shared, documented and updated. All to empower others to do the same. That could be a more effective way of producing tangible value, that people would see firsthand moreso than they would with seed planting runs and such. Of which I've never seen much documentation on at all. Title: Re: Cryptocurrency with perpetual 2% emission to solve climate change/deforestation Post by: Febo on February 28, 2020, 03:41:16 PM Cryptocurrency with perpetual 2% emission to solve climate change/deforestation Best use case of blockchain is to replace currency. That is it. It dont need to solve something else by doing it. Lets solve other problems with other solutions. Yes utility tokens can be useful for some things, but in most cases will be just to expensive solution to be useful. Not me to judge that but time will tell. Title: Re: Cryptocurrency with perpetual 2% emission to solve climate change/deforestation Post by: TopExchanger on February 29, 2020, 02:03:31 PM It will be so expensive solution to be useful.
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