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Conscious Code's avatar

I'm not ideologically opposed to using blockchain to solve problems, but isn't real-world enforcement a major problem with tokenization? Even if we move official policy to a blockchain, what stops people from doing back-door dealings?

Also, in the beginning you note that neoliberalism commodifies everything and this is a huge problem - but this is precisely what tokenomics does to an even more radical degree. I could see ways it might play out differently just based on what we make our systems value, but could you expand on how these relate? Is my personhood going to be tokenized?

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Eric Cherry's avatar

I'd love to understand better why you think that the transparency of blockchain does away with the evils enabled by secrecy.

It seems to me that it would be easy enough to create a massive volume of transactions that, even if they were totally transparent and easily comprehensible individually or in clumps, could obscure the meaningful transactions from anyone reading the chain.

Add in the idea of complexity via terminology, or even complexity because the subject is legitimately complex, and no amount of transparency is going to help: only an expert would be able to make sense of the blockchain, and only if they had the time, energy, and resources to unpack the volume of it.

AI might be able to reduce the noise and complexity to see meaningful trends in the transaction chains, but somebody with access to more cycle time and more advanced AI models would be able to overwhelm impoverished AI users or less powerful models.

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