Merry Xmas

Pegged: The Lifecycle of a Radical Idea

PEGGED SAGA // WRITING PROGRESS REPORT

As the year closes, Pegged enters a decisive transition phase. The project has moved beyond exploration and structural uncertainty and is now firml...

NOT Y'R #DEVICE, NOT Y'R NODE NOT Y'R #NODE, NOT Y'R CODE NOT Y'R #CODE, NOT Y'R NETWORK NOT Y'R #NETWORK, NOT Y'R KEYS NOT Y'R #KEYS, NOT Y'R COINS NOT Y'R #COINS, NOT Y'R NFTS NOT Y'R #NFTS, NOT Y'R MEMES NOT Y'R #MEMES, NOT Y'R METAVERSE NOT Y'R #METAVERSE, NOT Y'R #UNIVERSE

Excellent piece, as always. There seems to live some kind of impatient entitlement not to suffer. The notion of fate is completely obscured by the question: why is nobody managing my specific mode of pain? The latest illusion is that AI might take care of that ...

Excellent essay. However, the real innovation is blockchain of which bitcoin was the first instantiation. The fundamental shift this technology provides is the irrevocability of contracts. This is the "moral" and social innovation of blockchains: the introduction of objective constraints in human action.

With Mr. @HODL's profile headline is "A new world is struggling to be born." I agree. However, we're not singing from the same hymn sheet. Mr. @hodl has a continuity perspective. The "new" world will probably look similar to our's and the transition will be gradual by hodling bitcoin, he surmises. This worldview doesn't resolve oppositions, but perpetually postpones their settlement. The State expects transparency from its citizens, but feels entitled to not provide transparency about it's operations. Reversely, the citizen expects transparency from his/her institutions, but doesn't get it and is hence reluctant to provide personal data. This is a question of mutual trust #bitcoin is unable to provide an adequate answer to.

GM #peggedsaga #peggedprotocol #stablecoin

Since joining #nostr about one year ago I only have encountered two worthwhile new concepts: #PARASOVEREIGNTY via @Deleted Account And #MESHCITADEL via @aljaz