trust web (platform cooperative)
TRANSCRIPT
The Trust Web *and blockchain
SwarmJoel Dietz
Magic?
Look closer
Math
Scarce resources
cows (violence) money (banks) land (titles/registry) stock (shares/lawyers) property (law) public goods (social convention)
Traditional solutions
(1) religion / ethics historical arc ( 632 Torah -> 10 commandments -> self-regulation )
(2) competition / markets “survival of the fittest” institutions which compete well survive better importance of culture
(3) trusted third parties governments banks / entities regulated by governamnts
(4) “Go Local” highly robust high trust networks
Commonsprisoner's dilemma v commons dilemma/ assurance / stag hunt / language problem tragedy of commons hardin's view south park on tragedy of commons Donald shoup <> tragedy of commons <> parking trash/recycling <> governing the commons, sustainability and environment, earth population growth <> malthusian trap housing in sf traffic roads + parking radio <>titanic drones net neutrality language problem
governing the commons
elinor ostrom <> tragedy of mismanaged commons tft <> forgiveness, axelrod law as commons’ trust <> social capital commons fukuyama legal property <> hence de soto tragedy commons 1bn hernando de soto, the mystery of capital social contract as commons
examples
atoms i got 5 on it burning man <> reinvention period mad max to utopia leland stanford on coops and structures
info tcp/ip wikipedia as commons <> smallest federated wiki prices as info commons <> hayek bitcoin <> money
All you need to know about Blockchain on one slide
Jan 27, 2014
Why is this such a big deal?
Evolution in network topologies
Acme Corp
It pays to be open
More people More data
More value
Emergence
Key factors
high connectivity high trust simplicity stigmergy (“cryptoequity”)
Trust Web
Acme Insurance vs DBrain
What if…
I want to create a just sustainable project and no
one will fund me?
One year later:
8 launched projects~200 DCOs
Waiting on crowdfunding clarity Ethereum integration
www.swarmbot.io