The crypto basic income protocol "Resilience" - On chronological branching processes
The Resilience network could be defined as a self-perpetuating network of "tree-branching wealth transfer schemes", which share characteristics with traditional pyramid schemes. If a pyramid scheme is viewed as "a voluntary and decentralized wealth transfer system, where each person that joins is driven by the promise of profit", in these branching schemes, each branch behaves like its own wealth transfer system. In contrast to pyramid schemes, the Resilience protocol is ever-growing, ever-branching, and old nodes are pruned away as their dividend pathways are used up.
The branching process in the Resilience protocol is chronological. Each node will grow a branch from every point in time when they inherit a Taxeme. In the example transaction from P to R, P will inherit a Taxeme from R, and grow a dividend pathway (which remains closed until the Taxeme is destroyed). Any transactions made by R after that point in time will draw dividend pathways that grow on top of the one that was created from P to R, and tax that is collected will flow down the dividend pathway branch to which P is connected.
The network could be viewed as "money with a time dimension", where branching extends in fractal ways.
Like a pyramid scheme, the network effect of these branching schemes lead to high rewards for the costumer, as long as the network keeps being used. Taxemes incentivize people to "infect others to join", leading to new branching schemes.
I describe this as a self-perpetuating effect, the Resilience network feeds growth back through dividend pathways, to reward those who have consumed. The unconditional basic income increases social resilience, and leads to a more resilient economy, which increases growth, and thence the self-perpetuating effect.
Links:
The Resilience protocol - ELI5
Crypto-states make taxation impossible - Darwinian Basic Income is the Future
Try Out the Taxemes demo on Ethereum (lowest first has since been changed to first-in-first-out)
Sorry I missed this post. Certainly very thought provoking. I love the idea of your "Fractal" thinking and the usage of Darwinian logic. Thank you for the good work.
Reason More, Reason More ... JTS
Thought provoking indeed.
Cooperative Agorism will realize Anarcho-Capitalism one day. If we keep improving and creating new decentralized technologies, it's only a matter of time.