Trust Web (Platform Cooperative)
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Transcript of Trust Web (Platform Cooperative)
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The Trust Web *and blockchain
SwarmJoel Dietz
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Magic?
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Look closer
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Math
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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
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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
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All you need to know about Blockchain on one slide
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Jan 27, 2014
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Why is this such a big deal?
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Evolution in network topologies
Acme Corp
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It pays to be open
More people More data
More value
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Emergence
Key factors
high connectivity high trust simplicity stigmergy (“cryptoequity”)
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Trust Web
Acme Insurance vs DBrain
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What if…
I want to create a just sustainable project and no
one will fund me?
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One year later:
8 launched projects~200 DCOs
Waiting on crowdfunding clarity Ethereum integration
www.swarmbot.io