decentralized autonomous society
TRANSCRIPT
Why Decentralization?
Decentralization of Power !• Increase individual autonomy / freedom • Reduce systemic abuses
• Cryptocurrency to the rescue!
Why Decentralization?
Cryptocurrencies Fail at Decentralization of Power!• Present a solution to centralized currencies • Still allow for the centralization of economic capital
and intellectual capital • Nothing inherent to cryptocurrency universally solves
the problem of centralized power • These systems present only possibilities
It’s Up to Us
• Technologies are merely tools. !• They are value-neutral, and guarantee nothing.
!• We get the future that we build and nurture.
What world do we want to live in? What do we value?
!
The Value of Community
A healthy, productive community provides an infrastructure which supports the creation of social capital and bonds, and
qualitative development.
• Economic Support • Social Support • Community Space • Inspiration
How is Community Created?
• Historically emerged organically from proximity and need. • Must be constructed bottom-up and must grow organically • The strength of the social bonds and amount of social
capital dictates the health of the community. • Feeling of participation and ownership is key. • The community must build itself through a sense of
common purpose, belief, and responsibility. • It takes the conscious commitment of individuals to build a
community. • You are the builder of your community.
Ownership & Funding Models
Centralization of Ownership:!!• Centralization of Reward • Centralization of Risk • Disproportionate weight on entrepreneurs • Disproportionate power to institutional investors • 80% of businesses started fail within the first 18 months. • This rate of failure is destructive to the individual • This rate of failure is expected and calculated for by
institutional investors.
Crucial Pieces
Technology!• Social Operating System - Ethereum • Decentralized funding & ownership models. - Swarm • Community Credit, Reputation Systems, & Ethos - DECENT • Community Tokens / Currency • DAOs + Embedded Socioeconomic & Political Structures