[ExI] lotta splainin to do

[Giovanni Santostasi]

Faking coins in the ancient world. Where is money there is always an
opportunity for cheating and exploitation no matter the medium.

https://www.thefirstnews.com/article/thousands-of-roman-coins-found-across-europe-and-thought-to-be-genuine-are-fake-say-archeologists-6520

On Mon, Nov 21, 2022 at 11:35 PM Giovanni Santostasi <gsantostasi at gmail.com>
wrote:

> Spike,
> Why California or any state would continue to accept dollars for taxes if
> it becomes worthless through inflation?
> Romans were in the same situation at one point and they refused to accept
> their own currency to pay taxes, they wanted pure gold or labor in kind.
> It was a sign the end was near for such an Empire. History is repeating
> again?
> Giovanni
>
>
> On Mon, Nov 21, 2022 at 11:16 PM Giovanni Santostasi <
> gsantostasi at gmail.com> wrote:
>
>> 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)?
>>>> _______________________________________________
>>>> extropy-chat mailing list
>>>> extropy-chat at lists.extropy.org
>>>> http://lists.extropy.org/mailman/listinfo.cgi/extropy-chat
>>>>
>>>
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