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James C Scott's Seeing Like a State is recommended (which is great) but surprising that they don't recommend Graeber's Debt. The following quote feels like it s
by numtel 4y ago
James C Scott's Seeing Like a State is recommended (which is great) but surprising that they don't recommend Graeber's Debt. The following quote feels like it should have a citation to the section about jubilees:
> To my knowledge, no one has really tried the logical extreme version of this: set all status indicators to zero periodically and reset the network from scratch. Might be an interesting experiment to run!
IMO, this mechanism is one of the reasons why the forkability of cryptocurrencies is such a huge feature: invoking a jubilee is within relatively easy reach for the population, something that has been locked away by the state for some time now. With a belief in a cascade of currencies, constantly allowing many opportunities to be an early adopter, the "revolution" will be priced in.