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Author Topic: ### Initial Coin Offering for political party, would you support it? ###  (Read 1043 times)
digitalcoins
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April 04, 2017, 05:02:43 AM
#1

Overall, I would say that blockchain and crypto currencies are a great way to create political party, solving global international issues. What place should it be discussed, if not here?

Would you support ICO of political party, which will lobby interests of block chain community?
Internationally, across different countries. Such party can be based on Ethereum smart contracts and managed as DAO for example.

Such party can support and promote:
- Visa-free travelling
- Free education
- Equal life quality level worldwide
- Discussion and removal of all sharp question
- Technological fixing of security issues, globally
- Global medical care
- Removal of military forces worldwide
- Global democracy

Do you have direct influence on EU or UN council selection process? No! But in case of distributed, international, anonymous, blockchain-based political party one can do it. Yes, probably it will have its own specifics and will be quite capitalistic, because it will be managed as DAO at first stages at least. But that all can be fixed as well.
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April 04, 2017, 06:07:32 AM
#2

It would sound too much like a scam.
K128kevin2
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April 04, 2017, 08:22:16 AM
#3

Maybe people could burn coins to vote on things. The technology exists, but direct democracy isn't always the best thing Wink
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April 04, 2017, 10:46:53 AM
#4

Overall, I would say that blockchain and crypto currencies are a great way to create political party, solving global international issues. What place should it be discussed, if not here?

You can't create political party on blockchain. You could only use blockchain to allow members of a party to vote on issues and/or for funding.

Would you support ICO of political party, which will lobby interests of block chain community?

No. Probably the only common denominator of 'blockchain community' is the desire that the governments don't interfere/restrict usage of cryptocurrencies. Creating global(?) political party just for that is massive overkill. You could get much better effect at cheaper cost just by hiring a lobbyists.

Internationally, across different countries. Such party can be based on Ethereum smart contracts and managed as DAO for example.

Such party can support and promote:
- Visa-free travelling
- Free education
- Equal life quality level worldwide
- Discussion and removal of all sharp question
- Technological fixing of security issues, globally
- Global medical care
- Removal of military forces worldwide
- Global democracy

you definitely should add:

"- portrait of Marx in every room of every public building" and you're good to go.



I have to ask, what did you mean by this: "- Discussion and removal of all sharp question" ?

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April 04, 2017, 11:01:28 AM
#5

It sounds like another call to build communism. It's like a religion. Promise the best,but can not do anything. I certainly support this party, but I see no plan of action for the implementation of this program.
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April 04, 2017, 11:45:35 AM
#6

I doubt anyone will have influence under this system except the one who has access to the money. All donations will be anonymous so even when the party comes into power, there is no way to reward the biggest donors an Politics is all about having influence through donations.
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April 04, 2017, 01:26:46 PM
#7

Overall, I would say that blockchain and crypto currencies are a great way to create political party, solving global international issues. What place should it be discussed, if not here?

Would you support ICO of political party, which will lobby interests of block chain community?
Internationally, across different countries. Such party can be based on Ethereum smart contracts and managed as DAO for example.

Such party can support and promote:
- Visa-free travelling
- Free education
- Equal life quality level worldwide
- Discussion and removal of all sharp question
- Technological fixing of security issues, globally
- Global medical care
- Removal of military forces worldwide
- Global democracy

Do you have direct influence on EU or UN council selection process? No! But in case of distributed, international, anonymous, blockchain-based political party one can do it. Yes, probably it will have its own specifics and will be quite capitalistic, because it will be managed as DAO at first stages at least. But that all can be fixed as well.

There are many altcoins that uses the name of the running candidate for presidency so they will gain popularity and will earn big. During their ICO's they will introduce themselves as a coin in support of the running candidate for presidency and that a percentage of the earnings from that coin will help and support the fundings of the candidate. The famous alternative coins that uses president names were Trump coins, Stalin coin, Putin coins and lastly the latest coin the LEPEN coin.

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April 04, 2017, 01:40:37 PM
#8

I doubt anyone will have influence under this system except the one who has access to the money. All donations will be anonymous so even when the party comes into power, there is no way to reward the biggest donors an Politics is all about having influence through donations.
I agree with you. I don't trust any of the politicians and not give them their money. Another thing is that if someone offers the idea of how to earn enough money part of which will go to Finance his campaign I would have thought.
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April 04, 2017, 02:54:35 PM
#9

Maybe people could burn coins to vote on things. The technology exists, but direct democracy isn't always the best thing Wink

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digitalcoins
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April 04, 2017, 07:24:14 PM
#10

Well, from one side indeed. People could vote using their money. Officially. So it s not a socialism or communism exactly. But such coins can be used to reward people, who will support such a party. This is just approximate suggested agenda. Is there a political portrait of crypto community members? Maybe it s close to Pirate Party?
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April 04, 2017, 07:31:35 PM
#11

I would support it just to see how they do and give them a chance to accomplish something. Having a vote in the parliament would work wonders for crypto.
It would work as free advertising as all tv and radio stations are interested in politics and would surely raise awareness among people.


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April 05, 2017, 02:05:55 PM
#12

I doubt anyone will have influence under this system except the one who has access to the money. All donations will be anonymous so even when the party comes into power, there is no way to reward the biggest donors an Politics is all about having influence through donations.

While I would support something like this, the issue you raised is actually one of the problems. In the current political donation scheme, donors are clearly identified most of the time, unless the donations are really tiny (even then, the names are recorded, it's just easier to put a random name on a 5 dollar political donation, rather than a 20k one). This would actually be a decent use case for a smart contract like Slock.it would have been; you could vote by holding coins. This raises yet another problem. Is it OK to allow the biggest donor to have the most influence over.the voting process? And what if a rival party corners the market on the coin, to influence votes?

K128kevin2
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April 05, 2017, 03:22:32 PM
#13

I doubt anyone will have influence under this system except the one who has access to the money. All donations will be anonymous so even when the party comes into power, there is no way to reward the biggest donors an Politics is all about having influence through donations.

While I would support something like this, the issue you raised is actually one of the problems. In the current political donation scheme, donors are clearly identified most of the time, unless the donations are really tiny (even then, the names are recorded, it's just easier to put a random name on a 5 dollar political donation, rather than a 20k one). This would actually be a decent use case for a smart contract like Slock.it would have been; you could vote by holding coins. This raises yet another problem. Is it OK to allow the biggest donor to have the most influence over.the voting process? And what if a rival party corners the market on the coin, to influence votes?

Pseudoanonymity is a double edged sword. There's nothing really stopping anyone creating tonnes of names/addresses and donating under that.
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April 05, 2017, 03:28:34 PM
#14

I would support it just to see how they do and give them a chance to accomplish something. Having a vote in the parliament would work wonders for crypto.
It would work as free advertising as all tv and radio stations are interested in politics and would surely raise awareness among people.
How can you be sure? But if this party will make such decisions which will serve as publicity? Policy does not tolerate populism and PR. Publicity is good publicity in the media. You see the consequences of the election of PR on the example of Trump.

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April 05, 2017, 07:33:01 PM
#15

I would support it just to see how they do and give them a chance to accomplish something. Having a vote in the parliament would work wonders for crypto.
It would work as free advertising as all tv and radio stations are interested in politics and would surely raise awareness among people.
How can you be sure? But if this party will make such decisions which will serve as publicity? Policy does not tolerate populism and PR. Publicity is good publicity in the media. You see the consequences of the election of PR on the example of Trump.
I can't be sure and I'm not, but I would support them just to give them a chance. I think it's worth a try.
I'm sure having a party would raise awareness because, like I said, all major news outlets have their crews in the parliament and they wouldn't miss something new like a crypto party. Even if their coverage would be biased, people would at least hear the name and feel the need to know more about it. People are curious by nature and have a natural need to learn and discover. 
Trump is a bad comparison, because he was already very well known before the start of his political campaign. Most people don't know what Bitcoin is and never even heard the name. I've asked some of my friends and family last year and nobody knew Bitcoin!


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digitalcoins
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April 12, 2017, 11:44:36 AM
#16

I would support it just to see how they do and give them a chance to accomplish something. Having a vote in the parliament would work wonders for crypto.
It would work as free advertising as all tv and radio stations are interested in politics and would surely raise awareness among people.
How can you be sure? But if this party will make such decisions which will serve as publicity? Policy does not tolerate populism and PR. Publicity is good publicity in the media. You see the consequences of the election of PR on the example of Trump.
I can't be sure and I'm not, but I would support them just to give them a chance. I think it's worth a try.
I'm sure having a party would raise awareness because, like I said, all major news outlets have their crews in the parliament and they wouldn't miss something new like a crypto party. Even if their coverage would be biased, people would at least hear the name and feel the need to know more about it. People are curious by nature and have a natural need to learn and discover.  
Trump is a bad comparison, because he was already very well known before the start of his political campaign. Most people don't know what Bitcoin is and never even heard the name. I've asked some of my friends and family last year and nobody knew Bitcoin!

Yes, I have to agree about this.
I am thinking about which form is the best for this. It can be non commercial organization, commercial, or wtf, why do we need all those oldies...it can be just DAO, which will operate underl different legal names or without them.
Also I think such organization can provide legal, lobbying and political services to the community. It can help organizing different mass events, organize political parties, support them, train lawyers and attorneys working with crypto currencies, provide education in this field etc. etc.
It can support those governments, who is ready to support crypto currencies and financial freedom.
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April 17, 2017, 06:09:06 AM
#17

I am thinking about writing white paper for pan-European (or maybe even global) political party, which will be in favour of cryptocurrencies, IT, biotechnologies.
Any suggestions about that?

1. Visa free movement betweeen European Countries. Further, free movement between any countries at all.
2. Equality through equal opportunities and active involvement of society into the economics and internet.
For example, immigration questions can be solved by using projects like HumanIQ. This will bring closer incomes, or at least purchase power in different countries.
Massive immigration to Europe and fatigue in developing and non-developed countries are consequence of financial inequality.

Special Drawing Rights represent now traditional global currency:
https://en.wikipedia.org/wiki/Special_drawing_rights
which is definitely centralized.

As you can see now 5 currencies are included in SDR from these countries/superstates: USA, European Union, China, Japan and United Kingdom. en.wikipedia.org/wiki/Special_drawing_rights
This supports inequality by giving more power to countries, which currencies are part of SDR.
However, cryptocurrencies are game-changers, because can be issued in any country.

3. Support of education, especially natural and technical sciences.
4. Widespread of technologies, IT, biomedicine. Support of advocacy for these technologies.
5. Efficient mechanisms of state finance management, through direct involvement of AI, automatization, smart-contracts.
6. Global basic income, which will release people from duties, which they don t like and will allow them to concentrate on what they actually like.
7. Removal of all the armies, reduction of military budgets and conversion them into space and exploration and other research budgets

What else?
Do you have any suggestions?
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April 17, 2017, 06:13:41 AM
#18

Maybe people could burn coins to vote on things. The technology exists, but direct democracy isn't always the best thing Wink

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Burning coins for voting. Very nice idea. It can help making direct democracy mixed with capitalism.
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April 17, 2017, 06:52:08 AM
#19

Such party can support and promote:
- Visa-free travelling
- Free education
- Equal life quality level worldwide
- Discussion and removal of all sharp question
- Technological fixing of security issues, globally
- Global medical care
- Removal of military forces worldwide
- Global democracy

1. "If it seems too good to be true, it probably is." So this would look like a scam.
2. Politicians are well known scammers.

Conclusion: I wouldn't buy into it.
digitalcoins
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April 17, 2017, 07:27:44 AM
#20

Such party can support and promote:
- Visa-free travelling
- Free education
- Equal life quality level worldwide
- Discussion and removal of all sharp question
- Technological fixing of security issues, globally
- Global medical care
- Removal of military forces worldwide
- Global democracy

1. "If it seems too good to be true, it probably is." So this would look like a scam.
2. Politicians are well known scammers.

Conclusion: I wouldn't buy into it.


If managed by community and DAO,
Also, an be done in stages.

ICO-stage 1 (pre-pre-ICO)
ICO-stage 2 (pre-ICO)
ICO-stage 3 (ICO)

So, it can be started from small amount of funds, which will be used for a certain cause within detailed time frame and with detailed budgets allocated.
Then, once it s done appropriately and in appropriate way for stage 1, then it can be done for stage 2, stage 3 etc.
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