Author Topic: BitNation - Governance 2.0  (Read 5435 times)

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Offline tonyk

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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 Method-X

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For this to be a DAC it needs to be profitable. Where would revenue come from?

Offline matt608

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AMAZING thanks for sharing this, I hadn't heard about it!  A similar project:
http://democracyos.org/


Offline Ben Mason

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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 Empirical1.1

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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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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 fuzzy

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?
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

Offline Ben Mason

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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 tonyk

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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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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 nomoreheroes7

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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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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