Skip to main content

The Trustless Society

People who associate in a trustless way are not groups who don't trust each other. They're groups where trust is no longer required, while maintaining or improving the current system in play. It's all relative.

A trustless society is not a better one per se, and it might be.

An example of a trustless system is the original Bitcoin protocol. Which allows cash transactions to take place, yet without a trusted intermediary - a bank, to check you were not double spending, had the funds and to maintain a secure system. The technical details can be found very well put in the original white paper. Sadly for cryptocurrency technology, anarchists and crooks jointly took over the protocols software development and removed all features that made Bitcoin useful as a technology for the world. And a mint for undermining the law by anonymity and getting rich quick. Ho hum. A Blockchain still exists which conforms to the original protocol. But it's not the dominant one by far. And it's the only one out of thousands of blockchains which does do the original design intent.

Back to the main point of this post, prior to the plandemic I think its not contravertial to say we lived in a relatively trustful society. Where in order to make an exchange, do a trade or interact in any way where trust was needed to make it all flow successfully, you typically needed to meet the other side of a deal. You needed to share the same volume of air conspired and the same local space touched and felt.

And likewise, post plandemic, we have moved sharply though not totally to a trustless one, where people associate and trade, without meeting and looking into the eyes of our counterparty - or somehow using the instincts gained from a million years of evolution, to assure trust.

The point is, that now, we are far more trustless, but...there is no additional technology or social technique we can devote to not requiring as much trust to fill the gap we leapt over spanning the great plague.

Today, post plandemic, we have to trust our peers on faith. Far more than before!
Labels:

Popular Posts

PETITION: Government to indicate countries of the UK are open to accede to the US

Sign the Petition A Dialogue on the UK's Accession to the United States Executive Summary This initiative seeks to foster a formal dialogue regarding the potential accession of the countries of the United Kingdom , to the United States , as individual states.  Simply put, this petition is asking the government to start a conversation about the benefits of leaving the UK and joining the United States. The objective is to evaluate the benefits to citizens and stakeholders, encouraging a constructive discourse on the political, economic, and social implications of such a union. If Wales , Northern Ireland , Scotland , or  England were to leave the United Kingdom, it would end their system of constitutional monarchy and parliamentary democracy . Instead, if they joined the United States as separate states, they would govern themselves under the U.S. federal system while receiving its protection. This proposal recognises that immediate change is unlikely but urges a serious con...
Read more

Who Said There Was Anything Wrong With a Worldview?

Who Said There Was Anything Wrong With a Worldview? I didn't. But it's when I believe my worldview, is truth, that I become violent without realising it. This is extremely hard for people to accept as possible. The resistance to seeing it and the temptation to escape from looking, is built into its foundations. So, I never said worldviews are bad for us. I did say that when I believe my worldview is a fact, then "I" become root cause of the worlds problems. Thought creates an image of the world. Then thought worships the image that thought created. I am scared of death. So I create an existential worldview about immortality - an image. This can be a God, a political ideology, scientific religiosity, atheism, planet saving activism, anything which my fear of death can hide behind. So if I do 'good' through this image I created, I will ultimately get a 'seat on the right hand side of God' , or whatever the image I created has defined as heaven. Then I w...
Read more

Facing Draco, Mining Dorado

This is a proposal to show how the 18.6 year real estate cycle is a hang over from times where the mechanics of the lunar month were used by high priests of the time to forecast ancient agricultural cycles - what we would today call a business cycle culminating in a financial crisis or a great recession. The 18.6 year period is governed by the intersection of lunar and solar eclipses. It is known scientifically as the Saros Cycle. Where all 3 harmonics of the orbit of the moon coincide once every 18.6 years. The ancient scholars knew this. And the politicians of the time used it to signal the day when the economy would be deliberately reset by fiat. This reset was necessary because this period was about how long the people of nations could abuse the economy before it was too late to recover on its own and much worse effects would have emerged. So it was the wisdom of the leadership of the time. As the aeons went by, the meaning and rationale of this policy became normalised - people an...
Read more