My question is indeed what is the point of money whether it is crypto or not. I know a little about bitcoin (proof-of-work: evil for climate so far) and Ethereum (algorithmic contracts, good idea as far as I understand, but still PoW).
The idea of a single source of thruth is neat, and would be useful to avoid lies or fakes in a distributed system.
Money used to be used a means of exchange something of value for the rich that is gold. That by itself shows how dubious money seems, because gold is almost useless in practice. Nowadays, money has mostly only virtual value, because people trust the system, and the people in power somewhat trust each other and they agree through the market on exchange rates.
Anyway, take of instance "carbon budget" of countries, it can be exchanged for money. And they that "carbon budget" can be used to produce new products.
With the money, a low carbon footprint country can bargain to buy some products.
During this exchange the low carbon footprint might have lost value because conditions of the exchanges and the dubbed added value to the products.
It is far fetched, but to me their should be no money, hence probably no crypto-money.
A single-source of truth is helpful, but I am not convinced it is necessary, and is certainly not necessary in a fully cooperative system with no evil.
Thanks including me in the convo.
@mouloud In the current digital technologies paradigm and cyberspace architecture paradigm, the most critical technological layers, the lowest ones, are completely fixed, non mutable. They are these integrated circuits, microprocessors, hardware, and network protocols. Because they are fixed and cannot be changed, many things we want to implement therefore require ugly implementations, and cannot be secured as we would like or at a cost that is huge ecologicaly. @firstname.lastname@example.org @theruran @email@example.com
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