Clinamenic
Binary & Tweed
Fair point, and I'll probably agree with whatever you point out I am failing to grasp, but what am I failing to grasp?
Charities
- Thread starter Clinamenic
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Clinamenic
Binary & Tweed
But I think it is a given that the public sector is born from private interests, and not that the public sector owes its genesis to some agenda unsmitten by wealth.
Clinamenic
Binary & Tweed
That said, I have little to no familiarity with the history of government and social organization - rather yet another assumption I am making in temporary lieu of knowledge,
Clinamenic
Binary & Tweed
To me the answer may consist of creating a system that is intrinsically resistant, if even imperfectly, to corruption, along the lines of a blockchain.
sufi
lala
that wealth and power are not the same
sufi
lala
i don't agree with that
Clinamenic
Binary & Tweed
Rather than a system whose (? too laborious to phrase that correctly, i.e. "which") resistance to corruption is predicated on a human officer's resistance to corruption. More reliable to have open-source code that is evolutionarily and dynamically resistance to corruption, in my opinion.
Clinamenic
Binary & Tweed
I could be operating under the wrong assumption here, or under a lack of knowledge, but has a governmental body ever been founded in a way that hasn't been at the discretion of private interests, subject to the agendas of its founders, etc?
sufi
lala
given that bitcoin's main use cases so far are dddgy this may turn out to be over optimistc
Clinamenic
Binary & Tweed
Not meaning to ask that under a pretense of expertise, rather far from it. Largely unfamiliar with the founding of the U.S. as a nation, or the drafting and implementing of its foundational documents, but I assume these things were done with imperfect oversight, i.e. oversight which overlooks certain avenues of congenital corruption.
sufi
lala
everything you say about people fiddling complex systems will apply to blockchain and also smart contracts
Clinamenic
Binary & Tweed
Bitcoin is crude compared to other blockchains, but even other blockchains can lend themselves to money-washing and illicit commerce, flaws that, in my opinion, are best combatting by public policy that has yet to be invented, as well as ever more sophisticated code that pre-emptively directs incentives and power in ways that our current financial system simply is not capable of, i.e. not programmable enough to do.
Clinamenic
Binary & Tweed
Certainly, but to what degree it improves things depends on how right we get it. Its still a mysterious frontier. "Smart contract" is still an esoteric term that even plenty of incumbent financiers and public officials seem to have difficulty comprehending, at least based on what I have been exposed to.
What's wrong with money laundering & why do you assume that its a flaw as opposed to an integral part of the design?
Clinamenic
Binary & Tweed
I think its possible for technologies to have net-positive impacts on the lives of many, while also having more of a net-positive impact on the lives of people who are better positioned to leverage and exploit these technologies.
Still the shit is buried somewhere, the costs deferred to those too vulnerable and desperate to defer it anywhere else, but still I am optimistic.
Still the shit is buried somewhere, the costs deferred to those too vulnerable and desperate to defer it anywhere else, but still I am optimistic.
Clinamenic
Binary & Tweed
Actually I believe that some blockchains are designed to be conducive to laundering, e.g. some NFTs of jpegs of rocks selling for millions of dollars worth of ETH, but I also think that much of this is a by-product of these blockchains being permissionless, i.e. not fully screening what sort of activities and developments are taking place on a blockchain.
Clinamenic
Binary & Tweed
That isn't to say that Ethereum was designed to be conducive to laundering, but I also think it wasn't designed to be inconducive to laundering. Rather I believe Ethereum was designed to be inconducive to centralized control, which it is nonetheless susceptible to, just ostensibly less so than most/all of the incumbent financial institutions.
I think its stupid to hold these new technologies to perfect standards. We should instead employ metrics of progress, relative to the current system.
I think its stupid to hold these new technologies to perfect standards. We should instead employ metrics of progress, relative to the current system.
sufi
lala
all states have some element of separation from business, as well as systems to protect them from founders' whims (ie succession), they can act as checks on wealth, but only if they make the effort
Clinamenic
Binary & Tweed
Who among us would say that monarchal systems are more just than capitalist democratic systems? Seeing as monarchal systems is yet another topic I lack sufficient familiarity with to speak of with certainly, I am instead working on another assumption, based on what understanding I do have.
That is, I could be wrong. There could be instances of equitable monarchies where the peasants somehow managed to practice oversight over the ruler, but rightly or wrongly that strikes me as farcical.
That is, I could be wrong. There could be instances of equitable monarchies where the peasants somehow managed to practice oversight over the ruler, but rightly or wrongly that strikes me as farcical.