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Economic Solutions Pt. 2

Vijayee Kulkaa edited this page Apr 5, 2016 · 15 revisions

##TLDR; People are connected It then becomes apparent that human beings do not need governments but fair and voluntary commercial relationships that are reflective and protective of their values. With a model established for currency, their must be a system that implements it and provide the tools to describe all forms of commercial relationships. Prometheus aims at implementing such a system. A basic system of human commercial expression upon which all commercial relationships can be described and implemented. These relationships then exist in a discreetly interpreted, secure, and decentralized context that is separate from human interpretation beyond the agreed upon terms of its human parties. This removes the conflict of interest we have in the interpretation and execution of commercial relationships that technology could easily solve if it were employed to do so. Affectionately, the implementation in software of such concepts are known as smart contracts.

##Social Currency Network... To describe the connection of individual human issuers of currency to each other and the commercial relationships they establish between themselves to distribute goods and service, we have coined the term Social Currency Network. It is literally implemented as a series of p2p protocols that provide commerce as a service but conceptually it is a model of human interaction. The things people do for and to each other have profound effect on their world. The economic models thus far do not effectively communicate these effects nor are they an effective means of manipulating these interactions for their collective or individual benefit. When currency does not tokenize nor accurately measure anything real it inhibits it from being used in this manner. However basing currency upon time of people at their discretion now gives an accurate depiction of how humans choose to interact and their collective and individual issues. Further, no one is without money when they need it. Societally our ideas of money mirror trying to bail out a waterlogged boat with a vegetable strainer. We hoard it, collect it, and scheme to acquire it and optimize its use but its never enough and we compete to sink slower. A rising tide raises all ships as an ebbing tide lowers them ships. Our economies are equally connected. When our collective ships are constantly sinking we behave in manners akin to a threatened animal fighting for survival. We even go so far as to build culture around this threat and identify either with it or its opposition. Neither mentalities are characteristic of human virtue but an environmentally induced sense of fight or flight. This state inhibits human creativity and potential and encourages destructive behavior that has ramification for ones society and environment. The bulk of what is crime stems from scarcity faced buy its perpetrators and to certain extent crimes of passion are also exacerbated by the scarcity in their environment. Therefore its essential in a functional human society that its members have an accurate depiction of threat and scarcity present in their environment. We currently have a fraudulent amount of artificial scarcity created by or monetary supply and a climate of fear it has created that is then manipulated as a means of political power over the disenfranchised. This motivates support of political agendas and legislation that characteristic of the worst in human behavior and potential.

##Political Enfranchisement

##Cooperative Economics Current Economic models do not reward cooperation. It may force the enemy of your enemy to be your friend but what happens when you defeat your common enemy? Competition is a needed motivator for quality in production and performance of services. In an environment where a problem is solved optimally in a discreet fashion it is a nuisance to have competition to deliver the same quality functionality to society. I propose that when issuance of currency and maintenance of commercial relationships no longer face issues of human corruption then the issue of competition vs cooperation is only a factor of innovation. In this space the best idea for the context wins. This places the decision making criteria for cooperation vs competition in the realm of supply and demand. How much supply meets society's demand without waste?

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