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[Web3] Taxonomy of Aspirations and Claims, image - Coggle Diagram
[Web3] Taxonomy of Aspirations and Claims
Overcome wicked problems especially in governance e.g. solve collective action problems and fund public goods, operate at scale in teams and organizations without oppressive hierarchy or sclerotic bureaucracy
Revolutionise cooperation (e.g. flat collaborative organizations at
scale
)
Resource public goods and the commons especially in a voluntary way e.g. gitcoin (software), removing plastic from ocean, increasing the cost of carbon
Third iteration of web technology so that it is decentralized / democratic and more dynamic platforms (less monopoly)
An economy with a broader mechanisms for pricing / financializing value …
I want to be able to create global organizations with membership and able to manage money etc with the click of a button
It can produce belief equilibria
It can gather a critical mass of interested people ... (with high trust, good aspirations ...)
Transformed economy and society: fairer, freer etc
Overcome tech hegemony esp. re access and ownership
Improve/expand democratic participation.
Overcome hegemony of the dollar
Route to a global universal basic income
Broader mechanisms for pricing / financializing value
Create an economy where workers/creators can own the means of production
Route to a fairer distribution of wealth: everyone has (at least) enough to survive and people can do what they love (rather than what’s needed to put food on the table)
Rights the wrongs of historically disenfranchised people
(e.g. did not get access to financial system?)
Reinventing money independent of existing power structures: Money defines value (and enshrines power) so changing money can redefine value and power
A fairer deal for artists … (via NFTs)
Crypto is a solution for the unbanked (economic inclusion of the global south)
Opportunity for gain whether via speculation or raising money via ICOs etc
As a non-profit I want to raise money for my venture either via some kind of IPO or NFTs (the new charity auction) -
https://regenerativeresources.co/harpoon
Quant hedge funds to ordindary Joe: make money. a new inefficient market where I can do all kinds of stuff. This is a new opportunity for speculation and trading … (with very little regulation). A way to build new types of exotic financial products that were impossible
I want to raise money for my city e.g. MIAMI Coin
An unregulated way to issues shares and do IPOs
Freedom to do what I want especially independent of the state
Freedom from state jurisdiction: Route around the heavy-handed regulation of the state from buying drugs online to censorship resistant social networks
Censorship resistant payment rail for dissidents etc
Create and manage global distributed organizations including voting, budgeting etc with the click of a button
Create securities markets without regulation allowing for greater participation and innovation
Negative for economy and society
Proof of Work is harmful to the Environment
Crypto investments negative-sum games and predatory investments
Crypto assets are a risk to the state
Crypto assets present a systemic risk to the economy
Crypto is hyper financialization
Crypto won't work and is a huge misallocation of resources
Crypto is very unequal and will increase inequality
More stable, more efficient economy society (better tech)
A new payment rail system on top of modern technology (visa 2.0). cf stablecoins which will allow more efficient money transfers (with stability of the dollar)
Smart contracts (moderate view)
Cryptoassets can be used to build a new, better internet
Fairer / more efficient stock markets (financial exchanges)
Algo-stablecoins [financial innovation ...]
Stablecoins [Tether, USDT] => should they be regulated or not & why?
Neo-metallists. Bitcoin is new digital gold and can give us a new gold standard "The Bitcoin Standard". Bitcoin maximalists (austrian neo-metallists)