Dan's world?
Overcoming the wicked witch of the West?
If Daniel Larimer, @dan, @dantheman, is interpreting The Wizard of Oz as a political allegory, the Emerald City is a metaphor for Washington, D.C. especially the Federal Reserve's unsecured, fiat, greenback paper currency.
Like Washington, D.C., Emerald City's delusions of granduer are similiar to the illusory value of paper currency. Like Washington, D.C, the paper that Emerald City issues is only valuable because of governnment fiat, social convention or group ignorance.
The road is long, but the Steem community will eventually follow the yellow-brick-blockchain to the Emerald City and in the process overcome the wicked witch of the west. The Steemit community just needs to over come its fears, stop being cowardly, and find it in their heart to love one another.
Maybe the plan isn’t so evil after all.
Steemit's Evil Plan for Cryptocurrency World Domination
Bootstraping a digital currency?
Is the currency is more important than the community?
The real money isn’t in blogging, content generation, or voting. The real money is found in bootstrapping a digital currency.
Steemit's Evil Plan for Cryptocurrency World Domination
Dan's Trojan?
Digital assets, digital currencies, smart contracts & sidechains
A blogging platform that makes it possible for everyone to earn their way in is just a trojan horse. It is a means of hiding the vegetables (honest money) in the food (fun content).
Phase 1 - Bootstrap a Stable Currency
Phase 2 - Bootstrap a Marketplace
Phase 3 - Sidechains, Smart Contracts and SmartCoins, Oh My!
Steemit's Evil Plan for Cryptocurrency World Domination
Is dan : ned & steemit :: Bannon : Trump?
Once you have a highly functional currency, a robust community and market place, and lots of content to bring in new users, you are ready to start building robust smart contracts and side chains around these assets.
Steemit's Evil Plan for Cryptocurrency World Domination
Why @dan wants the @Steemit license to be open source
Think of a side-chain as a Facebook app. It will allow developers to build new games. It will allow people to issue their own currencies. All kinds of robust financial instruments can be built on the back of the Steem Dollar and the Steem network.
@dan Steemit's Evil Plan for Cryptocurrency World Domination
Intellectual monopoly or intellectual property?
Intellectual property, patents as rent seeking monopoly enablers
More broadly, is the system of intellectual property – patents and copyrights – with all of its many faults, a necessary evil we must put up with to enjoy the fruits of invention and creativity? Or is it an unnecessary evil, a relic of an earlier time when governments routinely granted monopolies to favored courtiers?
Against Intellectual Monopoly-Chapter 1
A constitution for every blockchain?
Pre-empting conflicts down the road?
A properly written constitution that is universally accepted by almost all members of a crypto-currency community is a critical component toward building confidence in the market. It is best to define your constitution early, before problems come up. If you wait until problems show up, then it will only make the problems more difficult.
Why every Blockchain needs a Constitution
Keeping honest people honest
Code, honesty & people
When contemplating a constitution it is important to avoid issues that can be resolved by code and instead focus on things that keep honest people honest.
Enforceability of Constitutions
Beyond draining the swamp
When candidate Donald J Trump campaigned on a promise to drain the swamp. He did not bargain for:
- Edward Snowden publishing America's intelligence plumbing to the world.
- A frenzied McCain fronted deep state.
- The rent seeking academics, intellectuals & corporations
Is Dan Larimer's end game merely to overcome the wicked witch of the West?
Or,
Are we gleefully witnessing the spectacle, with eyes wide shut, a masquerade to stealthily eliminate the nation state?
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