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1  Bitcoin / Development & Technical Discussion / Re: Would it be possible to implement a cryptocurrency with distribution of wealth? on: April 05, 2018, 10:27:59 PM
Thanks for you reply, nice points. I can answer them:

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  • The people will just exchange their coins to anything else before their upper transaction limit is reached. This would (if not already existing) create a parallel currency which don't have this artificial limits.

The short answer is that this is a currency for the workers.
The limit in my currency is not in the amount of coins you can accumulate, is in the ammount of coins you can spend or receive (the distribution gets executed on transactions), accumulating wealth inside or outside my currency would be useless, because you cannot spend big amounts of money since you have the transaction limits.
Yes, the rich people of the world will still be rich... at the beginning... but if the workers are using this system more and more, in the end it would not make sense to be rich, the workers would not work for the rich because they would use my currency, the rich's money would have no value anymore.
The workers will want to use this currency because the reward for working will be better. Nowadays 1% of the population have more money than the other 99% together, distribute only that money from the 1% and all the workers will double what they earn, that is just an example.

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  • The current average mindset of humans will not allow such a system. A person who do more or more valuable work (in their thinking) usually also want to benefit more than someone who do less or less valuable work. In their thinking you just want to steal their well earned money. It's just unfair for them. So why should they participate?

As I said before this is not a matter of mindset, workers will get more reward if the wealth is distributed, just wanting more reward it's a motivation to use it. Also only half of the people have that mindset you mentioned, the other half doesn't and they probably are the ones that will push it at the beginning.
About the mindset: If you work 8 hours and get the same money than someone who works 4 hours, then work 4 hours and spend the other 4 having fun, not all in life is working and getting reward, also it is very common that recreational activities produce wealth (true wealth, "work products"), also a lot of people gets fun creating knowledge and that creates true wealth.

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  • And if you think that no one would exploit such a system, you are very naive

Very powerful people will try to exploit or destroy a system like this, that is the interesting thing about crypto currencies, there is no way to hack them, if the right software developers evolves this idea and becomes as distributed and invulnerable as any other crypto-currency, then it can be made into a reality.
2  Bitcoin / Development & Technical Discussion / Re: Would it be possible to implement a cryptocurrency with distribution of wealth? on: April 05, 2018, 12:06:08 AM
I've found a solution to the multiple accounts problem, it's called "Behavioral Biometrics", it can recognize a person by how he/she moves the mouse or touches the phone screen. The problem is that this technology is very new and only few can experiment with it right now, maybe in a couple of years will be available to everyone and then prepare for communism, someone will come with this project.
3  Bitcoin / Development & Technical Discussion / Re: Would it be possible to implement a cryptocurrency with distribution of wealth? on: March 15, 2018, 10:21:48 PM
You should look into universal basic income, if you haven't already. If you look into UBI you will find some ideas that pretty much align with what you are suggesting. There are also practical experiments, both past and ongoing, looking into the matter. Using a cryptocurrency as means of distribution would of course lend itself to the idea, but it's not an easy problem to solve, especially with both UBI and cryptocurrencies being rather unexplored fields.

Here's a list of pilot projects that may interest you:
https://en.wikipedia.org/wiki/Basic_income_pilots


I see that nobody here knows how a socialist or communist person is, you guys never talked to one I notice that, that is why you say nobody will be motivated by the currency, not all people in the world is motivated by the money like you guys, for example think about almost any scientist or a lot of students, they don't learn and do science for the money, they do it because they like knowledge, and that is just a quick example.

Of course there are a lot of passion jobs where money is secondary, but at the end of the day they still require money to continue their work. You can't just look at individuals in isolation without their socio-economic surroundings.

Also note that while researchers may not be in it for the money, a lot of them still get paid fairly well and rightfully so.

Point being, it doesn't matter if parts of the population don't care about money. As long as there are some people striving for wealth, they will try to exploit the current system. And if they are able to exploit the system, that's exactly what they will do -- at the cost of everyone else who "doesn't care about money".

Even if your main intention is to spread wealth evenly amongst the populace, as long as there are some angles to exploit or positions of power to obtain, the approach is prone to failure due to human nature. Case in point, every implementation of Communism so far either digressed into a dictatorship or some form of centrally controlled capitalism.

Communism is easy to romance with if you never lived in it, but it's not a pretty system due to being relatively easy exploited from the top down. Maybe even moreso than Capitalism.


That being said, I'm convinced that due to technological and economical progress, some form of UBI will become a necessity in the future. It's going to be a very hard problem to solve though, regardless of whether it will involve cryptocurrencies or not.

Thanks for another quality comment. Yes my idea is inspired by Universal Basic Income, if you think about it, it's just a currency with an automatic UBI distribution, it's like, if you like UBI use this currency, if you want to get rich and don't like it use your country currency, no problems, you can chose and this brings freedom.

I agree with you, communism has a lot of vulnerabilities that maybe could be eliminated with a transparent decentralized computer system capable of disconnecting governments from economy control.
4  Bitcoin / Development & Technical Discussion / Re: Would it be possible to implement a cryptocurrency with distribution of wealth? on: March 13, 2018, 04:58:24 AM
Your best bet will to create a coin like Ripple. The government pre-mine all the coins and they give out addresses to everyone. Every month they distribute a small amount of coins for free to every person that registered with their Alt coin. <ComCoin>

Ripple pre-mined billions of tokens and gave it away for free to their founders, but ComCoin will distribute it evenly between all citizens or members of the global communist party.

Russia and China will love this coin, because it gives them full transparency and control.  Roll Eyes

Your comment is the kind of stuff I wanted to read here. Ripple or Freicoin (like other users said), can't be compared with my idea, distributing to new users or distributing to miners is not the same than distributing to all active users, these are totally different use cases.

I see that nobody here knows how a socialist or communist person is, you guys never talked to one I notice that, that is why you say nobody will be motivated by the currency, not all people in the world is motivated by the money like you guys, for example think about almost any scientist or a lot of students, they don't learn and do science for the money, they do it because they like knowledge, and that is just a quick example.

I'm a poor guy from a 3rd world country, try to imagine how hard is to be a poor worker and keep motivation, so I'm already unmotivated, specially in this world where 1% of the population owns more money than the rest of the population together, they own the money that intelligent people needs to improve the world, I see all the time very intelligent artists and scientists that don't have the money to do stuff that would benefit the world, only a few can get money from the state or a company, You never lacked money for what you needed and that made you live in a fishbowl, never talking with poor workers.

There is nothing more useful for a lot of people than an idea like this working, and not all the people will like it and that's OK.
5  Economy / Economics / Would it be possible to implement a cryptocurrency with distribution of wealth? on: March 09, 2018, 07:13:53 PM
I have an incomplete idea with some missing peaces about creating a crypto-currency that distributes wealth, something that communists and socialists will like:
A crypto-currency that has a transaction limit per month, if you are receiving more coins than this limit then you will receive less and less coins in each transaction received, the coins that are taken are distributed equally to the other wallets, so they receive free coins when a transaction is received.

A currency like this could be used to create a community where you sell your service or product to other people on the community and use the coins to buy stuff from people inside the community, you cannot become rich with it, but you will receive free coins.

The "transaction limit" / "free coins amount" can be higher or lower depending on the ideology of the creator, the idea is to enable people to chose what kind of economic system they want to work for, instead of being forced to work only for a capitalist economy like we do.

I need help to finish the idea by addressing some of the problems with it, for example, right now I don't know how to solve the problem of a user making multiple wallets to bypass the limitation. Surely this can be solved re thinking the idea a little bit, maybe in a more technical way, I have not very much technical knowledge and I want the idea to be discussed so others more capable can make it.

If you don't like the idea and want to attack people with this kind of ideas, please don't comment, I don't want a left-right politics discussion here.
6  Bitcoin / Development & Technical Discussion / Would it be possible to implement a cryptocurrency with distribution of wealth? on: March 09, 2018, 06:40:09 PM
I have an incomplete idea with some missing peaces about creating a crypto-currency that distributes wealth, something that communists and socialists will like:
A crypto-currency that has a transaction limit per month, if you are receiving more coins than this limit then you will receive less and less coins in each transaction received, the coins that are taken are distributed equally to the other wallets, so most people receive free coins if their account is active.

A currency like this could be used to create a community where you sell your service or product to other people on the community and use the coins to buy stuff from people inside the community, you cannot become rich with it, but you will receive free coins. If a system like this becomes the main economy of a country is the end of unequality, or can be a good competitor of capitalism, forcing this society to be more equal, multiplying the income of most people thanks to the distribution of wealth.

The "transaction limit" or "free coins amount" balance can be higher or lower depending on the ideology of the creator, the idea is to enable people to chose what kind of economic system they want to work for, instead of being forced to work only for a capitalist economy like we do.

I need help to finish the idea by addressing some of the problems with it, for example, right now I don't know how to solve the problem of a user making multiple wallets to bypass the limitation. Surely this can be solved re thinking the idea a little bit, maybe in a more technical way, I have not very much technical knowledge and I want the idea to be discussed so others more capable can make it.

If you don't understand why this could be a good idea because you don't like it and want to attack people with this kind of ideas, please don't comment, I don't want a politics discussion here.

Edit:
I've found a solution to the multiple accounts problem, it's called "Behavioral Biometrics", it can recognize a person by how he/she moves the mouse or touches the phone screen. The problem is that this technology is very new and only few can experiment with it right now.

Edit 2:
"Behavioral Biometrics" is something that can be hacked since the circle of authentication starts and ends in the local computer.
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