Johann Gevers on the Four Pillars of a Decentralized Society
TedXZug Video presentation via https://www.youtube.com/watch?v=8oeiOeDq_Nc&feature=share
Description
Anarcho-capitalist vision of the distributed society ?
Notes from Jean Lievens:
"People-based trust systems don’t scale beyond Dunbar’s number Technology-based trust systems scale virtually without limit
The technology of trust
a new era in human social revolution
= First technology: printing press - whole series communication technologies; latest being internet & bitcoin
The Technology of trust:
- Decentralized – no need to trust third parties
- Highly secure and private
- Instant, global payments and trade
- Easy to use, virtually free
Coercive monopolists become competing service providers: customers win
This will lead to a radical transformation of:
- Financial systems
- Communications systems
- Production systems
- Governments and legal systems
And: explosion of wealth creation
A new vision for a new future:
A decentralized, networked society where people once again have the power in their own hands to live lives of their own choosing in peace, freedom and prosperity
A new generation of visionary entrepreneurs is building society 3.0
Discussion
The Four Pillars
"1. Decentralized communications:
2 essential components:
- The internet & p2p decentralized technology
- Cryptography (to avoid surveillance & censorship by centralized authorities)
2. Decentralized Law
(First communicate what we want to do, then come to agreement on how to cooperate, therefore need of decentralized law)
3 essential components:
- Choice of law
- Choice of judicator
- Choice of enforcer
3. Decentralized Production
2 essential components:
- Decentralized materials production (3D printing)
- Decentralized energy production
(Small scale production at home without censorship)
4. Decentralized Finance
2 essential components:
- Decentralized currency (Bitcoin)
- Decentralized contracting systems (offer complete universal transaction platform) "