blockchain technology

AMA with Adrian Grenier. Wednesday 2/4 at 7:00 PM CT

Entourage star who at the top of the Hollywood game pivoted to an integral spiritual path and farmstead

AMA with Adrian Grenier. Wednesday 2/4 at 7:00 PM CT

Entourage star who at the top of the Hollywood game pivoted to an integral spiritual path and farmstead

Trump is doing his part to make money great again (by embracing Bitcoin). Preamble:

At this point I've spent a few thousand hours studying Bitcoin. It's a fascinating rabbit hole and a subject I've become passionate about. Here are some of the conclusions I've reached:  

1. Bitcoin is by far the best form of money that humanity has come up with so far. It’s accessible to anyone with an internet connection (truly global and egalitarian), its supply is finite (something we’ve never had before) and it separates money from state, which is really good for a number of reasons. To name just a couple: it curtails governments' ability to wage endless wars (that are, at least in part, funded with the creation of new money/debt) and it prevents them from constantly inflating the money supply and devaluing the value of each unit of the currency (the scourge that we all know as ""inflation"").  
2. Since it's still in the early days of its valuation, Bitcoin's "price" (exchange rate might be more accurate) in the short-term is very unpredicatable and volatile. But in the medium to long-term, it's becoming more and more valuable by orders or magnitude (hundreds of dollars, to thousands, to tens of thousands and soon hundreds of thousands per bitcoin). This makes it an excellent savings vehicle for the long-term. It's also a form of money that is unconfiscatable which can be extremely useful to people living under totalitarian governments, fleeing war zones, etc.
3. Everything else in ""crypto"" besides Bitcoin is at best, a startup with a yet-to-be-proven use case and in most cases more like a scam. This can be quite infuriating to those of us who understand Bitcoin because every single crypto scam only serves to further confuse the mainstream and to make people assume that Bitcoin must also be a scam.

Deep Take:

Trump has just announced that the US government will create a Strategic Bitcoin Reserve, meaning they will be holding (and likely buying) bitcoin as a strategic asset, similar to how they hold gold, oil, etc. As much as I might dislike Trump and many of his policies, I think this is something that can have incredibly good long-term consequences for the world.  

I do think it’s a shame that since it's Trump doing this, progressives and people on the Left are probably even less likely to adopt Bitcoin. I imagine for most people who don't like Trump it will just seem like another of his crazy/dangerous schemes. I think that's a shame because when used as long-term savings technology, adopting Bitcoin can be enormously empowering financially and in terms of enhancing personal responsibility. I've lived this in my own experience and it's something that I wish for others. 

Nonetheless, I’ve always considered myself more of a progressive and I still took the time to look into Bitcoin, so it's definitely possible. I hope others on the Left can manage to be independently-minded enough to not miss the boat. I also think that only someone as “out there” as Trump could have allowed something as revolutionary and "against the grain" as a Strategic Bitcoin Reserve to happen in the US government. Evolution, as they say, works in mysterious ways.

Trump is being advised by Wall Street veterans like Howard Lutnick (Commerce Secretary) and Scott Bessent (Treasury Secretary) who understand Bitcoin and its potential future value. And yeah, they're probably mostly in it to make money. Lutnick, by his own admission, owns hundreds of millions of dollars' worth of Bitcoin. But that's not the point. The point is that Bitcoin is like a Trojan Horse. I'm pretty sure people in the US government and Wall Street (and subsequent governments around the world who adopt a similar strategy) will do their very best to co-opt Bitcoin. They'll try to take it over and neutralize it as a threat to their monetary monopolies. But Bitcoin has proven its anti-fragility time and again. Not only does it ""refuse to die"" but every time it's been attacked, it comes back stronger and even more resilient. I fully expect that to continue.

And so by taking the first steps towards the US government adopting Bitcoin (and thereby legitimizing it in the eyes of the world), Trump and co. are accelerating the transition from government-backed inflationary currencies to a form of money that can’t be inflated or manipulated by anyone and can be used by everyone. It's going to be a long and messy transition, but I think it's a very, very good thing for humanity's future. As the saying goes: ""even a broken clock is right twice a day." : )

#DeepTakes

Leave the country or stay? There was a time period where my friends and I were getting invited to these new exciting community projects in the Central America and Asia and Europe. Crypto millionaires and retired billionaires trying to bootstrap whole new civilizations and villages and large retreat centers.

Yet, all of us felt a certain affinity and even responsibility to stay in the States.

Which is a little strange considering probably all of our families also have immigrated here at some point.

How does one assess whether to establish a new home abroad and call it quits on the homeland? Or stick it out and try to make it work?

It reminds me of the dilemma that's often posed around do you try to reform an institute as a player within or do you go off and establish a brand new thing? Does staying in the current system doomed to be corrupted and compromised? Or is going off naive and doomed to failure as a retreat from life?

As I'm writing this, I could see the same dilemma in deciding whether to stay working for a corp or start your own business. Or stay in a currently challenging relationship or call it quits to find a new partner. Or even try to be a lay person in the world or go off to be a monk in the mountains.

I suppose the answer is ultimately context is what matters most.

And I've yet to see a really compelling abroad experiment that seemed actually integrated or likely to deliver on the promises.

I, myself, have been increasingly interested in building out more of the physical and social infrastructure locally to create the new type of village community in AVL. But, those billionaire communities or even rural Portugal tiny communities do tempt me at times.

Teal Version of US Democracy. I asked ChatGpt what changes could be made to US democracy to make it teal. I really dig these concepts. I hadn’t ever heard of Liquid Voting before, and it sounds cool as heck.

1. Ranked-Choice Voting (RCV) on a National Scale
   Description: Ranked-choice voting allows voters to rank candidates in order of preference rather than voting for just one candidate. If no candidate wins a majority of first-choice votes, the candidate with the fewest votes is eliminated, and their votes are redistributed based on voters’ next preferences. This process continues until a candidate wins a majority.
   Teal Impact: RCV encourages more nuanced, cooperative, and less divisive campaigns, as candidates are incentivized to appeal to a broader range of voters, not just their base. It reduces the polarization inherent in two-party systems and promotes coalition-building, which aligns with teal values of inclusivity, complexity thinking, and the integration of diverse perspectives.

2. Deliberative Voting Structures
   Description: Deliberative democracy involves structured, informed, and inclusive discussions among citizens prior to voting. Participants engage in dialogue to explore different viewpoints and potential solutions before casting their vote.
   Teal Impact: This would encourage citizens to move beyond partisan talking points and engage in deep, meaningful discussions about policy and candidates. It fosters greater empathy, collaboration, and systems thinking—key elements of teal governance—by helping voters understand the interconnectedness of issues and the long-term consequences of their choices.

3. Proportional Representation
   Description: In a proportional representation system, legislative seats are allocated based on the percentage of votes each party receives. For example, if a party receives 30% of the vote, they would hold 30% of the seats in the legislature.
   Teal Impact: Proportional representation encourages a more inclusive and diverse political landscape by allowing multiple parties and viewpoints to be represented. This system discourages binary winner-take-all thinking and creates space for collaboration and compromise. In a teal system, this would better reflect the complex spectrum of human development and values, leading to a more integrated and balanced government.

4. Liquid Democracy
   Description: Liquid democracy allows voters to either cast their own vote on issues or delegate their vote to a trusted representative or expert. Unlike traditional representative systems, delegations can be revoked or reassigned at any time, allowing for a dynamic and responsive voting structure.
   Teal Impact: Liquid democracy would enable a more fluid and flexible form of representation, where citizens could actively participate in areas where they feel knowledgeable and delegate in areas where they do not. This approach mirrors teal values by empowering individuals to engage in governance based on their unique strengths and knowledge, while also fostering collective intelligence by delegating decisions to trusted experts when needed.

5. Holacratic Voting
   Description: Holacratic governance is a decentralized system where power is distributed among roles or circles rather than individuals. In a holacratic voting structure, small, autonomous groups (circles) would vote on issues related to their specific roles and areas of expertise.
   Teal Impact: A holacratic system of voting would distribute decision-making power more evenly across the population, reflecting the teal emphasis on self-organization and decentralization. Citizens would have more direct influence on issues relevant to their communities and professions, creating a more organic and adaptable system of governance that empowers people at all levels.

6. Consensus-Based Voting for Key Decisions
   Description: Instead of simple majority rule, consensus-based voting requires that decisions achieve broad agreement among participants, often with mechanisms to ensure minority voices are heard. Modifications to proposals can be made to accommodate different viewpoints.
   Teal Impact: Consensus-based voting aligns with teal’s focus on inclusivity, cooperation, and holistic solutions. It prevents majoritarian dominance and encourages decision-making processes that take into account the needs and concerns of all stakeholders. This approach fosters a deeper sense of community and shared responsibility, which is essential in a teal democracy.

7. Policy Feedback Loops and Systems Thinking in Voting
   Description: In a teal democracy, voting structures could be designed to include mechanisms for ongoing policy feedback loops. Citizens would have the ability to vote on policies or amendments, but also provide real-time feedback on how policies are working through ongoing participatory platforms.
   Teal Impact: This system would help voters think in complex, systems-based terms, encouraging them to consider the long-term and interconnected effects of policies. By integrating feedback loops into the voting structure, it would create a more adaptive and responsive governance system that evolves based on the changing needs and conditions of society, aligning with teal’s focus on evolutionary development.

8. Blockchain-Based Voting for Transparency and Trust
   Description: Blockchain technology can be used to create a secure, transparent voting system that allows for tamper-proof voting records. Voters can cast their votes digitally, and the system ensures that each vote is counted accurately while preserving voter anonymity.
   Teal Impact: Blockchain voting would enhance trust in the electoral process by providing complete transparency and accountability. This technology could reduce concerns about fraud or manipulation and make elections more accessible, particularly for marginalized communities. Teal democracy values transparency, trust, and fairness, and blockchain would support these principles.

9. Participatory Budgeting at National and Local Levels
   Description: Participatory budgeting allows citizens to directly decide how to allocate a portion of the public budget. It has been used successfully in cities around the world to give citizens a direct say in how funds are spent on community projects.
   Teal Impact: By scaling participatory budgeting to both local and national levels, a teal voting structure would empower citizens to engage in collaborative decision-making about public resources. This process would deepen civic engagement, promote collective responsibility, and ensure that public spending aligns more closely with the needs and priorities of the people.

10. Multi-Level and Issue-Specific Voting
    Description: In a teal democracy, voters could have the opportunity to vote on different levels of governance (local, state, national) and on specific issues, such as environmental policy, healthcare, or education, through issue-based elections. This could allow citizens to participate more actively in areas they are passionate or knowledgeable about.
    Teal Impact: Issue-specific voting reflects teal values by encouraging deeper engagement in governance. Citizens can focus their energy on specific issues where they have expertise or passion, allowing for more nuanced and informed decisions. It would also decentralize power and ensure that specific areas of governance are shaped by those most interested and knowledgeable about them.

Teal Version of US Democracy. I asked ChatGpt what changes could be made to US democracy to make it teal. I really dig these concepts. I hadn’t ever heard of Liquid Voting before, and it sounds cool as heck.

1. Ranked-Choice Voting (RCV) on a National Scale
   Description: Ranked-choice voting allows voters to rank candidates in order of preference rather than voting for just one candidate. If no candidate wins a majority of first-choice votes, the candidate with the fewest votes is eliminated, and their votes are redistributed based on voters’ next preferences. This process continues until a candidate wins a majority.
   Teal Impact: RCV encourages more nuanced, cooperative, and less divisive campaigns, as candidates are incentivized to appeal to a broader range of voters, not just their base. It reduces the polarization inherent in two-party systems and promotes coalition-building, which aligns with teal values of inclusivity, complexity thinking, and the integration of diverse perspectives.

2. Deliberative Voting Structures
   Description: Deliberative democracy involves structured, informed, and inclusive discussions among citizens prior to voting. Participants engage in dialogue to explore different viewpoints and potential solutions before casting their vote.
   Teal Impact: This would encourage citizens to move beyond partisan talking points and engage in deep, meaningful discussions about policy and candidates. It fosters greater empathy, collaboration, and systems thinking—key elements of teal governance—by helping voters understand the interconnectedness of issues and the long-term consequences of their choices.

3. Proportional Representation
   Description: In a proportional representation system, legislative seats are allocated based on the percentage of votes each party receives. For example, if a party receives 30% of the vote, they would hold 30% of the seats in the legislature.
   Teal Impact: Proportional representation encourages a more inclusive and diverse political landscape by allowing multiple parties and viewpoints to be represented. This system discourages binary winner-take-all thinking and creates space for collaboration and compromise. In a teal system, this would better reflect the complex spectrum of human development and values, leading to a more integrated and balanced government.

4. Liquid Democracy
   Description: Liquid democracy allows voters to either cast their own vote on issues or delegate their vote to a trusted representative or expert. Unlike traditional representative systems, delegations can be revoked or reassigned at any time, allowing for a dynamic and responsive voting structure.
   Teal Impact: Liquid democracy would enable a more fluid and flexible form of representation, where citizens could actively participate in areas where they feel knowledgeable and delegate in areas where they do not. This approach mirrors teal values by empowering individuals to engage in governance based on their unique strengths and knowledge, while also fostering collective intelligence by delegating decisions to trusted experts when needed.

5. Holacratic Voting
   Description: Holacratic governance is a decentralized system where power is distributed among roles or circles rather than individuals. In a holacratic voting structure, small, autonomous groups (circles) would vote on issues related to their specific roles and areas of expertise.
   Teal Impact: A holacratic system of voting would distribute decision-making power more evenly across the population, reflecting the teal emphasis on self-organization and decentralization. Citizens would have more direct influence on issues relevant to their communities and professions, creating a more organic and adaptable system of governance that empowers people at all levels.

6. Consensus-Based Voting for Key Decisions
   Description: Instead of simple majority rule, consensus-based voting requires that decisions achieve broad agreement among participants, often with mechanisms to ensure minority voices are heard. Modifications to proposals can be made to accommodate different viewpoints.
   Teal Impact: Consensus-based voting aligns with teal’s focus on inclusivity, cooperation, and holistic solutions. It prevents majoritarian dominance and encourages decision-making processes that take into account the needs and concerns of all stakeholders. This approach fosters a deeper sense of community and shared responsibility, which is essential in a teal democracy.

7. Policy Feedback Loops and Systems Thinking in Voting
   Description: In a teal democracy, voting structures could be designed to include mechanisms for ongoing policy feedback loops. Citizens would have the ability to vote on policies or amendments, but also provide real-time feedback on how policies are working through ongoing participatory platforms.
   Teal Impact: This system would help voters think in complex, systems-based terms, encouraging them to consider the long-term and interconnected effects of policies. By integrating feedback loops into the voting structure, it would create a more adaptive and responsive governance system that evolves based on the changing needs and conditions of society, aligning with teal’s focus on evolutionary development.

8. Blockchain-Based Voting for Transparency and Trust
   Description: Blockchain technology can be used to create a secure, transparent voting system that allows for tamper-proof voting records. Voters can cast their votes digitally, and the system ensures that each vote is counted accurately while preserving voter anonymity.
   Teal Impact: Blockchain voting would enhance trust in the electoral process by providing complete transparency and accountability. This technology could reduce concerns about fraud or manipulation and make elections more accessible, particularly for marginalized communities. Teal democracy values transparency, trust, and fairness, and blockchain would support these principles.

9. Participatory Budgeting at National and Local Levels
   Description: Participatory budgeting allows citizens to directly decide how to allocate a portion of the public budget. It has been used successfully in cities around the world to give citizens a direct say in how funds are spent on community projects.
   Teal Impact: By scaling participatory budgeting to both local and national levels, a teal voting structure would empower citizens to engage in collaborative decision-making about public resources. This process would deepen civic engagement, promote collective responsibility, and ensure that public spending aligns more closely with the needs and priorities of the people.

10. Multi-Level and Issue-Specific Voting
    Description: In a teal democracy, voters could have the opportunity to vote on different levels of governance (local, state, national) and on specific issues, such as environmental policy, healthcare, or education, through issue-based elections. This could allow citizens to participate more actively in areas they are passionate or knowledgeable about.
    Teal Impact: Issue-specific voting reflects teal values by encouraging deeper engagement in governance. Citizens can focus their energy on specific issues where they have expertise or passion, allowing for more nuanced and informed decisions. It would also decentralize power and ensure that specific areas of governance are shaped by those most interested and knowledgeable about them.