Peck by steffenkd

eigmevvia treechat·5mo

❤️ 3 Likes · ⚡ 0 Tips

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  "map_content": "Many ordinary people own their stuff by simple possession, and the current trend aims to permit only legal ownership, which requires a powerful third-party like a government. Thoughts?",
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⬇️

steffenkdvia treechat·5mo

❤️ 7 Likes · ⚡ 0 Tips

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  "map_content": "Klaus Schwab has solved the problem already: own nothing and be happy.  \r\nGenious^^.\r\n\r\nKidding. I think it kinda depends on the value of the item which is being traded.  \r\nNobody gives a f*** abouyt a pencil, some candies or an old smartphone.  \r\nBut when things have a certainv alue you want it to be registered somewhere.  \r\nBest place would be \"the memory of society\".  \r\nIn previous times we probably where more local and didn't have so many social connections. So we knew quite well who owned what in the village. Similar to the [Rai Stones](https://en.wikipedia.org/wiki/Rai_stones) which have been some kind of \"proof of work\" and the accounting happened in the memory of the group.  \r\nThen we went on to centralized ledgers and dual bookkeeping. It worked good enough for a while, but has been abused more and more every year.  \r\nMost recent ledger upgrade and \"Memory of society\" would be a blockchain.  \r\nYou can do some research and reading abou \"triple entry accounting\" and \"ressource event agent model\" if you are interested in the topic.\r\n\r\nI highly recommend reading this paper from Ian Grigg on the topic of triple entry accounting. \r\nhttps://iang.org/papers/triple_entry.html  \r\n\r\nIn the end everything can be accounted for, but some things do not have a high enough economical value to justify the costs of the accounting. \r\nThose costs have been massively reduced through the bitcoin blockchain.  \r\n\r\n\r\nI personally won't tokenize my pencils though^^.",
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Replies (3)

staubvia treechat·5mo

Replying to #76873b43

❤️ 1 Likes · ⚡ 0 Tips

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  "map_content": "It\u2019s really sad Satan Klaus is going to die and never get to see his gift to the world fully realized all because some selfish pests in this world wanted life, liberty and pursue their own happiness.\r\nIt was going to be different this time\u2026",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!

eigmevvia treechat·5mo

Replying to #76873b43

❤️ 2 Likes · ⚡ 0 Tips

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"map_content": "Thank you for the interesting sources, I need to read them. However, we are not talking just about pencils and candy but furniture and even houses. In some developed countries one has to retroactively defend even legally acquired furniture or old family valuables that have appreciated over decades. Even registered real estates are suddenly affected, everything. This trend is in line with Klaus Schwab and Tokenization and I am curious what Craig Wright would say about this. If Blockchain ownership still requires government approval then it is no real ownership, like a digital Id from the government. Your reference to socially approved ownership resembles decentralized ID as in Metanet and is interesting. Still I am sure that physical possession was always the prime way of ownership since eternity. I don\u2019t mean that bsv is technically flawed, but maybe legally it is highjacked. It will be fun to defend appreciated non-KYC owned BSV in the future. It was always a non-brainer that people who distrust banks or governments prefer physical possession, which is still legal. The transition from physical possession to legally granted ownership is obviously being used now for legal theft. Could this be a reason why BSV struggles to appreciate?",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!

palmbirdvia treechat·5mo

Replying to #76873b43

❤️ 2 Likes · ⚡ 0 Tips

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  "type": "reply",
  "map_content": "Bitcoin changes everything.",
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  "display_name": "palmbird",
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Signed by14aqJ2hMtENYJVCJaekcrqi12fiZJzoWGKAIP!