Crypto Needs to be Circular

As long as cryptocurrencies are related – in any way – to traditional currencies, they don’t have a chance.

They need to be able to stand on their own two feet, to work in isolation.

It is possible, we just need to find a set of services that form a circular economy. Here is a non-exhaustive starting point.

Platforms/Currencies that it can revolve around

Crypto
Game
Metaverse
Advertising (Google/FB)
Venture Capital
Crowdfunding
Equity Crowdfunding
Peer2Peer Lending
Services Platform (Fiverr)

Digital uses for the currency (must be primarily labour-intensive)

Web design
Game design
Graphic design
Writing
Journalism
Guest Posting
Translation
Programming
Tech Support
Consulting
Life Coaching
Virtual Assistant
Customer Care
Tutoring
Music / Voice Over / Jingles
Video Editing
Transcription
Influencer Marketing
Community Management

Offline (must be primarily labour-intensive)

Modelling
Personal Trainer
Gardening / Landscaping
Driving / Delivery (not own vehicle)
Hairdressing (for someone else’s salon, or from home)
Massage
Child care
Cleaner
Housesitter
Photography
Mystery Shopper
Furniture Assembly

The above is literally a starting point. Somebody might need to intuit the system that works, for it isn’t easy to deduce. What is likely needed is degrees of separation that connect the above.

For example:

Game Developer pays Graphic Designer 1LC (LifeCoin)
Graphic Designer pays Accountant 1LC
Accountant pays Bakery 1LC <<< is not a primarily labour-intensive business, has real-world, fiat currency costs!
Bakery pays SEO company 1LC
SEO Company pays Game Developer (for in-app ads) 1LC

We effectively have a bartering system that uses a cryptocurrency. It works great on a simplistic level.

Major issue – the balancing act

What if the Graphic Designer gets more LC than they can spend? With a fiat currency, our entire world revolves around it, and finds a use for it. Not so with a fledgling currency that needs to be different and not convertible.
(Why not convertible? Well, it renders it meaningless – why not just use the dollar anyway??)

So we need an extra mechanism, one that takes care of deficits and surpluses. A bank? With interest rates?
That still doesn’t work – because you can’t cash out beyond what is available to buy with a LC. And, initially, that is limited.

And we cannot convert it to a fiat currency. So what else can it be used for? What has value and is open-ended?

Here are some random ideas, not to be taken seriously, just testing the water:

Status – hey look at me, I have many!
Offspring – your great-great-grandchildren might need a personal trainer
Capital Investment – there is value in ownership beyond dividends
Charity – labor-intensive charity work could be paid

My Best Guess (so far)

Some Facebook-esque corporation will create an Augmented Reality overlay of our world (info, social and advertising), and link it to a virtual world of socialising and gaming. It will have an internal currency.

There are 2 ways a crypto-currency can launch, aside from speculation and ponzi schemes:

  1. A major corporation with a digital product simply brings it into being:

Google – receives money for digital advertising, and digital entertainment products, and gives money in the AdSense network.

2. A circular economy, based on labour-intensive work:

It still needs a catalyst. A play-to-earn video game is my best bet. A game so good that is success drives the model.

The Atheists Take Arms!

Intelligent believers in democracy often have a conundrum – possibly the majority of voters are not smart enough to choose the right people. Yet they accept it, because everyone, regardless, should get to vote.

The same goes for religion. It does a lot of harm and tends to trend towards telling others how to live. But atheists allow it, because everyone should have the right to their own beliefs.

Yet as society becomes more informed, and in many lands the left and right are not getting on so well – the right tend to be religious, because they don’t like change, and Christianity is 2000 years old – there is significant tension.

The atheists, not so blindly self-righteous, and not backed by a god, are not the type to take arms. And yet they are losing, whether they are in Kashmir, the southern US, or Saudi Arabia. So what can be done, to not have the religious dictate the lives of the non-religious?

Separatism – in the US, while not easy to achieve, many will shift where they live to somewhere that does not have a majority of religious people. Meanwhile someone in Portland might move to Texas to ensure they have lots of grandkids.

Damnation – shame the wrongs of religion in social media, and out any religious hypocrites (like the many fans of banning abortions who actually had one…)

Ridicule – suggest that they adhere to everything the Bible decrees

But whatever we do, don’t take arms. We would lose a war, and the other team gets off on martyrs.

But here’s the reason I wrote this:

Parallel Societies

We all know that apartheid was bad, but that was one-sided. What if both sides decided they didn’t want anything to do with each other?

I’m not joking. Let’s have schools and buses and shopping malls and football leagues and banks that are either for the righteous or the damned.

Let’s start with an absolute schism, everything cut in half. And then let folk decide that (in most of society) they would rather live and let live, because it is easier. Learn to love and respect our differences.

OR…

Maybe start excluding religious people?

(legally)

A business could ask customers to promise to be pro-choice. That is not religious discrimination… Not any more than Chick-fil-A not opening on Sundays.

Punishing Tour Schedules in Golf and Tennis

While personally I am disgusted to anyone who sells their souls to the Saudis, the oft-mentioned reason given by the pro golfers is that they don’t want to play a tournament every week of the year. Fair enough too, given that high performance athletes need breaks, and people who have earned 10s of millions might feel like they deserve breaks.

Yet, for golf especially, where results of the even the top players can be very uneven, the more tournaments there are means better data to work out who – on average – is the best. We know that the #1 player can go all year without actually winning…

The thing is, to get the maximum ranking points, you need to play 20 tournaments per year. One you factor in that they last 4 days (if you make the cut), and there are important practise rounds. Pro-Ams are on Wed, so the tournament is actually Mon-Sun, 7 days. Add one day for travelling and you can see why 20 tournaments is the most you would want to play…

Once you appear in 20+ tournaments, the average result of all of those is used for your rank. Results are used for your rank for the following 2 years, and they throw in recency bias as well. The major tournaments are worth more points, because they know that everyone will be there.

There is a solution, although it makes it harder for the average fan to understand.

  • Reduce the required tournaments to 10 (the negative being that fans get to watch the stars less often, potentially)
  • Base the weighting of tournament scores based on the average rank of who plays in it

Two things will happen:

Players will play as often as they want, so no more complaining. Quite likely the money, and the need to actually have tournament fitness, will mean they mostly keep the same schedule as they currently do.

There will be more variety in who plays which tournament. Lower ranked players can choose between lofty ambitions or achievable goals, as they already can do with the different tours (same goes for tennis).

The top players will trend towards the prize money more, tournaments that suit their majors preparation more, and tournaments that will get them the most points more.

Somehow or other, the top players will cluster more in the same tournaments than they do now. They will evolve things, not the PGA.

Last Mile Election Trust

Around the world we have major problems with the integrity of democratic elections, almost always because those in power are maybe being dishonest or illegal in how the election is run, and how votes are counted.

While there are numerous efforts made, and international oversight, and so on, perhaps this is a new idea that is a partial remedy, yet still helpful.

Very generally, people in a local community trust each other more than they trust strangers and governments, even if the individuals disagree on politics.

At the community level we can create trust that the electoral votes in that community are counted correctly. Full transparency of the people and processes at the local level. Scrutiny available to anyone (to a degree anyway).

Then, when votes are tallied up regionally or nationally, the totals for each community is detailed. Each community can then be assured that their votes were recorded correctly, and have the ability to order a recount if they disagree.

If every community accepts that their count is correct, then the total count and election results become indisputable.

Obviously this takes a lot of organising, and will involve thousands of communities – I suggest a maximum size of 10,000 people. So, 100 communities per million.

The communities should decide what their community consists of, and (with NGO guidance) how to verify things. At no stage are individual votes ever known, at issue, or used in decision-making around the integrity.

Companion Planting of People

Companion Planting is something people I dislike have never head of.

Plants that, when planted alongside each other, help each other. Typically one scares away the bugs that will eat the other.

A bit like gang members forming a perimeter around a homeless person.
Or helping an old lady across the road

But are there real-world examples?

Artists and patrons?

Yes, that is good, and fits the NFT direction

But what about a symbiotic relationship between two humans (or groups of)?

I guess “love” counts.

PermaDream

We already have couch-potatoes and drug addicts.

New Age is growing.

Scientists are starting to tap into our dreams (in a very basic way).

Lucid dreaming

Virtual reality…

Designer drugs.

High-worth-individuals.

Combine all of those and we might see a subculture, where people choose to stay in a dream state more-or-so permanently.

Imagine that.

Hyper-Real Statuses

“use your feet while you meet”

That is what feeting.app promises.

This is part of the new “working from anywhere” world we live in.

It would be nice to know the circumstances we are dialling in from…

And the status to be shown, so we know. Like:

  • I am jogging (short of breath)
  • I am driving
  • I am at the beach (hard to see the screen)
  • I am at a restaurant (mouth full)
  • I am at a nightclub (background noise)
  • I am putting my baby to sleep (shhh)
  • I am at a nudist beach

The Cheapest EVs (Electric Vehicles)

Possibly the main factor in adopting electric vehicles is the purchase price – they cost more than their fossil fuel equivalents. The countries with the most sales also have the strongest subsidies.

Because it is quite new technology, and in the west the early models have been on the premium side of things, expect the price to gradually come down. Don’t be surprised if a $10K (USD) entry-level car is available in the next few years.

Here are the cheapest EVs currently, retail price before subsidies:

USA

Chevrolet Bolt $26,595 (was $36,620 in 2020)
Nissan Leaf $27,400
Tesla 3 $48,440

UK

Skoda CITIGOe iV £15,000
SEAT e-Mii Electric £16,000
VW e-UP! £16,000

Dual Restaurant Menus

Every restaurant, individual or chain, should have the right to offer a printed menu in whichever style suits them.

But standards are also good, like calorie counts on menu items, and whether they are vegan (or whatever) or not, or allergy info.

So have both. At the restaurant entrance have available a standardised, generic looking menu that tells people who care, everything they need to know. Plus QR codes that provide versions for people with vision problems.

Most people will ignore them, but for those who need such info, it would be very welcomed.

Everything, Everywhere – Better than Google (concept)

Google’s mission statement is this:

Google’s mission statement is to organise the world’s information and make it universally accessible and useful.

I would argue they could try harder, but they have a fundamental issue – they aren’t very likeable or trustworthy.

Google is the dominant search engine, and it has achieved that primarily due to four fundamentals:

  • The Internet is free to navigate
  • Use bots to index all of it
  • Analyse the content of each website
  • Decide which information is more important, by who links to what

All of this is done without permission, just like you and I can visit most websites without permission. An alien race with an Internet connection could create a Google, and we would never know (aside from their strange IP address…)

But what if Google had permission, had agreements, to delve deeper. It hasn’t of course, so lets consider a Google-killer called The All.

No, scary. We will call it TheOmni.xyz (Omni for short)

So which extra data points and sources could be included, by being inclusive, and not a “don’t do evil” loner?

Wikipedia says The deep web, invisible web, or hidden web are parts of the World Wide Web whose contents are not indexed by standard web search-engines.

That means sites that you need to be logged into to find content that otherwise is not visible. Google doesn’t access that, which makes their mission statement seem a bit weak, after 22 years of existence…

Some such sites might embrace the idea of making their information accessible in exchange for being part of bringing down Google…

Now, don’t misunderstand, this is not about making silly memes rise to the top of the search results, BUT some walled info could make a for a better search engine, if done intelligently.

For example, discussions in local community groups on FB, arguments between verified academics in Twitter (if that was a thing…)

New, different data points could be harvested from so many places if permission was granted:

  • Amazon “you might also like this”
  • Most read stories in a newspaper
  • Scholarly articles
  • Broker recommendations
  • Social media, of course
  • The Wayback Machine
  • Platforms like WordPress and Shopify could provide visitor data

While they may offer unlimited indexing access to Omni, the results would likely be partial in nature. A smart enough system could provide an intermediary page that has a succinct answer, but you need to join/pay to see the full information.

Here’s a good example. Instead of Google finally starting to try and group the same news stories and indicate which came first, by analysis… Omni can simply get such data from the news services. The indexed version of the page would have data only Omni can see, like where they sourced their story from.

Trusted providers could provide an honest date of publication, instead of Google trying to work it out.

The revenue model might not be too difficult. Omni coves all the general web indexing (same as Google) and gets half the revenue. All the other data providers get a share based on how many data points they provide that lead to search result.

The starting point is not difficult either – news. There has already been a lot of problems with Google “stealing” news and working out compensation. Why doesn’t every legitimate news service (must have some original, actual reporting, as judged by humans) band together and produce a news search engine, and block Google?

They are already quite incestuous anyway, reporting on what their competitors reported… syndicating. Maybe formalise it more.

From there they branch out into academia, which is kinda similar – rivalry but the shared goals.

Then get the Socials to share data on how the news service’s own stories perform (shares, likes).

And it keeps expanding, via trust and mutual benefit, until Google is no more!