[ExI] lotta splainin to do

[Giovanni Santostasi]

This is a very interesting article (there is even a mp3 if one wants to
listen to the lecture) about how monetary policies of the late Roman empire
contributed heavily to its fall.
The final lesson is the rich became richer and the poor poorer, nothing is
changed.
https://mises.org/library/inflation-and-fall-roman-empire


Giovanni


On Mon, Nov 21, 2022 at 7:17 PM Giovanni Santostasi <gsantostasi at gmail.com>
wrote:

> One possible application of the block chain that I'm interested in is to
> create a catalog of ancient coins that preserves all the features and
> information about an ancient coin. Ideally would also be nice to use AI to
> recognize the coin and identify it as belonging to a particular time. The
> main application of this technology is to use it against counterfeiting,
> which is a big business in the numismatic world. Because of their high
> value many ancient coins are counterfeited and sold as original instead of
> reproductions. But if one could catalogue all the known recognized real
> coins and preserve the info (update the info too as we discover new coins)
> in a block chain that can be accessed via an app it could be really useful.
> Also it would be nice to create a system of possession transfer similar to
> what is done with titles of land. Of course, this would not be appreciated
> by people that want to hide their assets but I'm not sure in this case we
> want to facilitate the ownership of some ancient artefact being completely
> anonymous. This ownership would be similar to owning a crypto not
> necessarily a public piece of information linked to a name but at least we
> would know when the coin was sold, for which price, which auction in which
> location and so on. Basically a pedigree for the coin. You don't need to
> use the blockchain for such a catalogue system but a catalogue on the block
> chain has many advantages that conventional catalogues do not have, in
> particular you will get the coin and also the title to the coin when you
> buy the coin that will work as a form of authenticity certificate that is
> transferable.
>
>
>
>
> On Mon, Nov 21, 2022 at 6:26 PM Adrian Tymes via extropy-chat <
> extropy-chat at lists.extropy.org> wrote:
>
>> On Mon, Nov 21, 2022 at 5:22 PM Gadersd via extropy-chat <
>> extropy-chat at lists.extropy.org> wrote:
>>
>>> Can blockchain technology or future technologies inspired by blockchain
>>> be used to run entire decentralized governments? I dream of a decentralized
>>> government system that is fairer and less corrupt than contemporary
>>> governments.
>>>
>>
>> Wouldn't a decentralized government be more likely to be corrupt than
>> contemporary governments?
>>
>> Think about how corruption happens.  Think about how these factors are
>> freer to act without oversight, monitoring or corrections.  Is there a
>> practical way to add that oversight - which requires a trusted, and
>> therefore probably centralized (whether or not it is an AI), entity doing
>> the oversight - without effectively making the government centralized
>> (regardless of whether the government acknowledges its centralization)?
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>
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