This video is bitcoin related, talking about how we can replace the judges, schools, bankers and teachers with software.
I am trying to proper are species forward and have a fair and just society for all.
https://youtu.be/w7XJRPUqkncThey deleted the last white paper I made. So AI summed this one up for me.
A Proposal for a Fair and Decentralized Economic System
Problems with Current Cryptocurrencies (e.g., Bitcoin):
Finite Supply: Bitcoin's hard cap on supply will eventually make it indivisible, limiting its utility.
Waste of Resources: Mining power is expended on random hashes instead of solving useful problems (e.g., medical research).
Inevitable Mining Wars: In the end-game, it will be more profitable to sabotage other miners than to invest in infrastructure.
Core Principles of the New System:
Equal Stake or Minting Rate for All
Every user in the network has the exact same minting power — a set rate based on presence and activity. There is no advantage to early adopters, hardware strength, or wealth. Every person starts with the same economic influence.
One Person, One Vote
Identity is verified by biometric signals such as heartbeats, ensuring each user is unique and cannot duplicate themselves. To preserve privacy, heartbeat data is never stored directly — it is shredded, converted into hexadecimal representation, and only the unique verification code is retained. This guarantees one vote per person and ensures democratic governance over the network.
Network Fees as Universal Redistribution
Network fees are divided into three distinct pools:
Pool 1 (Basic Income/Welfare): A portion is redistributed equally to all verified users as a basic income or welfare system.
Pool 2 (Voted Public Funding): A portion is held in a public fund that users vote on how to spend. Funds can be allocated to initiatives like building homes, supplying food, supporting scientific missions (e.g., space exploration), and more.
Pool 3 (Voting Incentive): A portion is used to reward users who participate in the voting process, incentivizing civic engagement and decision-making participation.
Accumulation and Spending Addresses
Each user is assigned a single, permanent accumulation address to receive their stake and rewards. Users can then generate multiple anonymous spending addresses to preserve privacy while making purchases or donations.
Vote Creation and Participation
Any user can create a vote (e.g., policy, funding allocation, rule change). Verified users can vote once per issue. The outcome directly shapes the rules and direction of the network in real time.
AI-Verified Education and Job Matching
A decentralized education system certifies users with skill levels based on performance in AI-graded tasks, not biased institutions. Employers can search for qualified individuals using certification scores, reducing bias and increasing meritocracy.
Decentralized Justice System
Disputes are resolved in a digital court where jurors are randomly selected from the verified user pool. The jury collectively acts as the judge to maintain a fair consensus-based court, ensuring that no single individual holds too much judicial power. All proceedings are recorded on the blockchain for transparency. Sentencing guidelines are also publicly voted on.
Energy and Environmental Alignment
Instead of wasting computing power, node processing is redirected toward solving real-world problems (e.g., folding proteins, weather prediction). This helps the planet while securing the chain.
This is not just a digital currency — it is the foundation for a new kind of economy, education, and justice.