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Offline Ben Mason

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BitNation - Governance 2.0
« on: September 30, 2014, 01:32:28 PM »

Has anyone heard of this project?  http://www.bitnation.co/

I've asked them to consider using the Bitshares Toolkit.....if not, we should be building a competing governance utility I think

Offline nomoreheroes7

Re: BitNation - Governance 2.0
« Reply #1 on: September 30, 2014, 01:39:59 PM »
That's a pretty far-out concept...but very interesting, and a very nice website. It looks like they already plan to use the bitcoin blockchain, though:

"Bitnation is a Distributed Organisation incorporated on the Bitcoin blockchain"

So I imagine it'd be hard to get them to jump ship now. Unless of course Bitcoin ultimately implodes, which is looking more and more like a possibility lately... ;)

But yea, a competing BitUnion/BitSociety/BitCountry/BitPeople would be awesome...lol too bad they already took the BitNation name.

BitPolity? BitRepublic? BitDemocracy?
« Last Edit: September 30, 2014, 01:44:26 PM by nomoreheroes7 »

Offline Ben Mason

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Re: BitNation - Governance 2.0
« Reply #2 on: September 30, 2014, 01:47:56 PM »
Governance utilities are where I have always hoped blockchain tech would take us!  Consensus-regulated governance, ie about the truest representation of democracy you could have.....with room for innovation!

You are probably right, they are unlikely to switch......which leave one enormous hole for Bitshares and DPOS to fill.  I know several of these governance type utilities are worked on already....but imagine the impact of unifying them! 

Offline tonyk

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Re: BitNation - Governance 2.0
« Reply #3 on: September 30, 2014, 01:52:37 PM »
Other then 'stealing' my idea https://bitsharestalk.org/index.php?topic=8881.msg115238#msg115238

and putting bit* in front of the next word (which annoys me more and more by the day)

They are missing the first 2 elements of the 'one earth one nation concept'. One should start with :

-money
-vote

...
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Ben Mason

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Re: BitNation - Governance 2.0
« Reply #4 on: September 30, 2014, 01:57:33 PM »
Oh dear.....well i agree with you BitNation does not sound right at all and also money power certainly comes first.  I guess we are already building the components that will form the Bitshares Earth....or Bearth  ;D

Offline fuzzy

Re: BitNation - Governance 2.0
« Reply #5 on: September 30, 2014, 02:01:57 PM »
Governance utilities are where I have always hoped blockchain tech would take us!  Consensus-regulated governance, ie about the truest representation of democracy you could have.....with room for innovation!

You are probably right, they are unlikely to switch......which leave one enormous hole for Bitshares and DPOS to fill.  I know several of these governance type utilities are worked on already....but imagine the impact of unifying them!

Is it POS?
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Offline Ben Mason

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Re: BitNation - Governance 2.0
« Reply #6 on: September 30, 2014, 02:16:16 PM »
Governance utilities are where I have always hoped blockchain tech would take us!  Consensus-regulated governance, ie about the truest representation of democracy you could have.....with room for innovation!

You are probably right, they are unlikely to switch......which leave one enormous hole for Bitshares and DPOS to fill.  I know several of these governance type utilities are worked on already....but imagine the impact of unifying them!

Is it POS?

Not that i'm aware of....

Offline Empirical1.1

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Re: BitNation - Governance 2.0
« Reply #7 on: September 30, 2014, 02:17:58 PM »
Other then 'stealing' my idea https://bitsharestalk.org/index.php?topic=8881.msg115238#msg115238

and putting bit* in front of the next word (which annoys me more and more by the day)

They are missing the first 2 elements of the 'one earth one nation concept'. One should start with :

-money
-vote

...

I would add information to that list, so like BDNS. Information-Money-Vote

I think BitNation is putting together elements these kind of concepts

Consensus technology has the power to make governments irrelevant to the provision of law, courts, crime prevention, contract enforcement, voting, or any other so-called public good. 

I am not claiming that governments will be overthrown or that people will vote them out of office, instead I mean to say that their rulings and opinions will be of no practical significance once superior consensus technologies are able to garner more influence and power through voluntary, nonviolent, entirely legal action than governments can wield at gunpoint.

https://bitsharestalk.org/index.php?topic=2853.msg35523#msg35523



Offline Ben Mason

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Re: BitNation - Governance 2.0
« Reply #8 on: September 30, 2014, 02:21:15 PM »
Other then 'stealing' my idea https://bitsharestalk.org/index.php?topic=8881.msg115238#msg115238

and putting bit* in front of the next word (which annoys me more and more by the day)

They are missing the first 2 elements of the 'one earth one nation concept'. One should start with :

-money
-vote

...

I would add information to that list, so like BDNS. Information-Money-Vote

I think BitNation is putting together elements these kind of concepts

Consensus technology has the power to make governments irrelevant to the provision of law, courts, crime prevention, contract enforcement, voting, or any other so-called public good. 

I am not claiming that governments will be overthrown or that people will vote them out of office, instead I mean to say that their rulings and opinions will be of no practical significance once superior consensus technologies are able to garner more influence and power through voluntary, nonviolent, entirely legal action than governments can wield at gunpoint.

https://bitsharestalk.org/index.php?topic=2853.msg35523#msg35523

That's one of my favorite Bytemaster quotes.  It helps me sleep at night....truly.  Thanks for digging it up!

Offline matt608

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Re: BitNation - Governance 2.0
« Reply #9 on: September 30, 2014, 02:30:57 PM »
AMAZING thanks for sharing this, I hadn't heard about it!  A similar project:
http://democracyos.org/


Offline Method-X

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Re: BitNation - Governance 2.0
« Reply #10 on: September 30, 2014, 02:45:56 PM »
For this to be a DAC it needs to be profitable. Where would revenue come from?

Offline tonyk

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Re: BitNation - Governance 2.0
« Reply #11 on: September 30, 2014, 02:47:23 PM »
Other then 'stealing' my idea https://bitsharestalk.org/index.php?topic=8881.msg115238#msg115238

and putting bit* in front of the next word (which annoys me more and more by the day)

They are missing the first 2 elements of the 'one earth one nation concept'. One should start with :

-money
-vote

...

I would add information to that list, so like BDNS. Information-Money-Vote

I think BitNation is putting together elements these kind of concepts

Consensus technology has the power to make governments irrelevant to the provision of law, courts, crime prevention, contract enforcement, voting, or any other so-called public good. 

I am not claiming that governments will be overthrown or that people will vote them out of office, instead I mean to say that their rulings and opinions will be of no practical significance once superior consensus technologies are able to garner more influence and power through voluntary, nonviolent, entirely legal action than governments can wield at gunpoint.

https://bitsharestalk.org/index.php?topic=2853.msg35523#msg35523

Great!

Money, Vote, Information and... Music, because

"Without music, life would be a mistake." -Friedrich Nietzsche

Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline CoinHoarder

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Re: BitNation - Governance 2.0
« Reply #12 on: September 30, 2014, 03:39:31 PM »
Honestly I am a bit skeptical of Swarm. They have somewhat underperformed considering the amount of money they took in. Maybe they will turn it around though. I hope so, as other than AGS this was the other investment I was suggesting to people that could do well.

Their forums/Bitcointalk thread are pretty dead. I am not sure how well the token has done as it was just added to coinmarketcap.

I hate to throw a jab at them and then endorse them in the same breath, but if anyone has a good DAC idea it may be worth looking into as a form of funding: https://www.swarm.co/apply/
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Offline bitmeat

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Re: BitNation - Governance 2.0
« Reply #13 on: September 30, 2014, 03:54:12 PM »
Honestly I am a bit skeptical of Swarm. They have somewhat underperformed considering the amount of money they took in. Maybe they will turn it around though. I hope so, as other than AGS this was the other investment I was suggesting to people that could do well.

Their forums/Bitcointalk thread are pretty dead. I am not sure how well the token has done as it was just added to coinmarketcap.

I hate to throw a jab at them and then endorse them in the same breath, but if anyone has a good DAC idea it may be worth looking into as a form of funding: https://www.swarm.co/apply/

Marvelous idea - a centralized company which we should trust to help us create DACs. I mean shouldn't they lead the effort in being decentralized themselves?

Offline CoinHoarder

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Re: BitNation - Governance 2.0
« Reply #14 on: September 30, 2014, 05:13:59 PM »
Honestly I am a bit skeptical of Swarm. They have somewhat underperformed considering the amount of money they took in. Maybe they will turn it around though. I hope so, as other than AGS this was the other investment I was suggesting to people that could do well.

Their forums/Bitcointalk thread are pretty dead. I am not sure how well the token has done as it was just added to coinmarketcap.

I hate to throw a jab at them and then endorse them in the same breath, but if anyone has a good DAC idea it may be worth looking into as a form of funding: https://www.swarm.co/apply/

Marvelous idea - a centralized company which we should trust to help us create DACs. I mean shouldn't they lead the effort in being decentralized themselves?

Well, I was suggesting to use it as a source of funding for the development of a new DAC. They did raise a million+ worth of BTC. I wasn't suggesting they be in control of the DAC as that defeats the purpose of a DAC. Bitshares had some VC money go into AGS/PTS too..

I believe they are making a Swarm client, but it isn't available yet. They are using the money donated as some kind of VC fund apart from making a crowd funding platform as well.
« Last Edit: September 30, 2014, 05:15:48 PM by CoinHoarder »
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