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> Why have we stopped trying out better ways to coordinate? To a large extent because somehow "that serves no purpose", "any alternative is a scam" and "blockc

by 3np 2y ago

> Why have we stopped trying out better ways to coordinate? To a large extent because somehow "that serves no purpose", "any alternative is a scam" and "blockchain evil" propaganda have been very effective in an environment where greed has been distracting too many from the damn point. We need to relearn and establish new ways to run perpetual and huge coordination efforts outside of corporate systems and government without fear or greed as necessary driving forces. The first step is to start trying ans honestly explore options.

worldsayshi 2y ago
> greed has been distracting too many from the damn point I also suspect that another factor is ever increasing acceptance of the immutability of debt. When most people are stuck in debt they have to keep running in the treadmill. Imagine if there was a non-blockable way for everyone to vote on a universal debt cancellation event - "Should we all just from now on ignore any debt incurred before today? ¤ yes, ¤ no".
- pixl97 2y ago
  >everyone to vote on a universal debt cancellation event Just look at the student loan forgiveness debacle. It seems our population would sooner vote in capital punishment for not paying debt.
  - ryandrake 2y ago
    It's also why the US never votes to fix health care. "I suffered a terrible system, therefore the next generations must, too." Crab bucket mentality.
- ryandrake 2y ago
  A one-time debt reset would be a great experiment, but without also resetting who owns the businesses and who doesn't, the same people would eventually be back to the same levels of debt. You need to correct the derivative and the second derivative.
  - worldsayshi 2y ago
    > the same people would eventually be back to the same levels of debt Well there's always the option of periodic debt cancellation. Such ideas are not untested: https://en.wikipedia.org/wiki/History_of_debt_relief https://en.wikipedia.org/wiki/History_of_debt_relief

by 3np 2y ago

worldsayshi 2y ago

> greed has been distracting too many from the damn point I also suspect that another factor is ever increasing acceptance of the immutability of debt. When most people are stuck in debt they have to keep running in the treadmill. Imagine if there was a non-blockable way for everyone to vote on a universal debt cancellation event - "Should we all just from now on ignore any debt incurred before today? ¤ yes, ¤ no".

pixl97 2y ago
>everyone to vote on a universal debt cancellation event Just look at the student loan forgiveness debacle. It seems our population would sooner vote in capital punishment for not paying debt.
- ryandrake 2y ago
  It's also why the US never votes to fix health care. "I suffered a terrible system, therefore the next generations must, too." Crab bucket mentality.
ryandrake 2y ago
A one-time debt reset would be a great experiment, but without also resetting who owns the businesses and who doesn't, the same people would eventually be back to the same levels of debt. You need to correct the derivative and the second derivative.
- worldsayshi 2y ago
  > the same people would eventually be back to the same levels of debt Well there's always the option of periodic debt cancellation. Such ideas are not untested: https://en.wikipedia.org/wiki/History_of_debt_relief https://en.wikipedia.org/wiki/History_of_debt_relief