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Paramendra BhagatAmazon Was Web 1
Amazon was a bookstore. But it was not Barnes & Noble digitized. You still got physical books in the mail. What was amazing was the largeness of the offering that simply was not possible in any physical store. This was new. Amazon was launched at a time when you had to be patient and a photo would download. Now Amazon is an everything store. It even sells movies. In fact, it has become a behemoth to disrupt. Web 3 wants to disrupt Amazon, and Google, and Facebook, and Microsoft, and Apple. Ye...
Paramendra BhagatDefeating Putin In Donbas Is The Cheap, Easy Option
As I follow Zelensky in this war, I am constantly reminded of this book I read just a few months ago. At that time there was no inkling of Putin’s invasion. I read the book because I am perennially interested in Abraham Lincoln’s life and work. Lincoln was not even a soldier. It was not a war he had chosen. He became a student of war in the White House. And because his instincts were right, and he stood on the side of justice and liberty, he seems to have made all sorts of right war moves. If...
Paramendra BhagatTo Seek Only A Military Solution Is Dangerous
In eastern Ukraine, to seek only a military solution is dangerous. I admire the work of military strategists, intelligence officials, and governments who have stepped into supplying the needed hardware. Most of all I admire the brave men and women of the Ukrainian military who make the ultimate sacrifice daily. But we can never lose sight of the larger purpose and the higher ground. Ultimately this is about peace, liberty, and justice. Eisenhower warned of the “military-industrial complex.” H...
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Paramendra BhagatAmazon Was Web 1
Amazon was a bookstore. But it was not Barnes & Noble digitized. You still got physical books in the mail. What was amazing was the largeness of the offering that simply was not possible in any physical store. This was new. Amazon was launched at a time when you had to be patient and a photo would download. Now Amazon is an everything store. It even sells movies. In fact, it has become a behemoth to disrupt. Web 3 wants to disrupt Amazon, and Google, and Facebook, and Microsoft, and Apple. Ye...
Paramendra BhagatDefeating Putin In Donbas Is The Cheap, Easy Option
As I follow Zelensky in this war, I am constantly reminded of this book I read just a few months ago. At that time there was no inkling of Putin’s invasion. I read the book because I am perennially interested in Abraham Lincoln’s life and work. Lincoln was not even a soldier. It was not a war he had chosen. He became a student of war in the White House. And because his instincts were right, and he stood on the side of justice and liberty, he seems to have made all sorts of right war moves. If...
Paramendra BhagatTo Seek Only A Military Solution Is Dangerous
In eastern Ukraine, to seek only a military solution is dangerous. I admire the work of military strategists, intelligence officials, and governments who have stepped into supplying the needed hardware. Most of all I admire the brave men and women of the Ukrainian military who make the ultimate sacrifice daily. But we can never lose sight of the larger purpose and the higher ground. Ultimately this is about peace, liberty, and justice. Eisenhower warned of the “military-industrial complex.” H...
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Share Dialog
Instead of starting with what the tech is and what it can do, I think the newly emergent Blockchain allows us to start with the problems, the biggest problems humanity faces.
The number one global problem is the problem of identity. And that is curious because each of us walks around with our own unique identity literally on our fingertips. A thumb press on a smart screen, either a phone or a tablet, should be enough to get anyone started. That identity could be established anywhere, and carried globally, to be renewed each time a finger is pressed against the screen.
So easily established, that digital identity should be coupled with an automatic bank account where each person taking the initiative to establish their identity should be rewarded with a small fraction of a Bitcoin. The Bitcoin part is that money in that bank account you should be able to move globally and for free.
Wealth redistribution is a heated political topic. But what about passing a law saying all wealth must reside on the Blockchain and must be associated with a valid identity, biometrically verified? It is said the number one reason the poor countries are poor is because money moves so easily from the poor to the rich countries, usually corruption money. It can be said in the same breath that there is such breathless inequality in the rich countries because the super-rich take their money out of the system and park it somewhere in the so-called safe-havens.
Giving every single human being a digital, global identity and an automatic bank account, and requiring all wealth as well as business transactions to reside on the Blockchain will give us the tools with which to tackle inequality globally. The dollar a day people are the best at paying back loans. This arrangement will also take plentiful credit to them to create an upward spiral of prosperity. Small businesses will get built in the lowest income brackets hitherto starved of credits.
Tackling inequality and abject poverty will give us a handle on climate change. It is not the other way round.
crowdfund://0x2F2A3D020cfbD506AE64D31421231187b92963b1?features=overview,editions,podium,backers
Instead of starting with what the tech is and what it can do, I think the newly emergent Blockchain allows us to start with the problems, the biggest problems humanity faces.
The number one global problem is the problem of identity. And that is curious because each of us walks around with our own unique identity literally on our fingertips. A thumb press on a smart screen, either a phone or a tablet, should be enough to get anyone started. That identity could be established anywhere, and carried globally, to be renewed each time a finger is pressed against the screen.
So easily established, that digital identity should be coupled with an automatic bank account where each person taking the initiative to establish their identity should be rewarded with a small fraction of a Bitcoin. The Bitcoin part is that money in that bank account you should be able to move globally and for free.
Wealth redistribution is a heated political topic. But what about passing a law saying all wealth must reside on the Blockchain and must be associated with a valid identity, biometrically verified? It is said the number one reason the poor countries are poor is because money moves so easily from the poor to the rich countries, usually corruption money. It can be said in the same breath that there is such breathless inequality in the rich countries because the super-rich take their money out of the system and park it somewhere in the so-called safe-havens.
Giving every single human being a digital, global identity and an automatic bank account, and requiring all wealth as well as business transactions to reside on the Blockchain will give us the tools with which to tackle inequality globally. The dollar a day people are the best at paying back loans. This arrangement will also take plentiful credit to them to create an upward spiral of prosperity. Small businesses will get built in the lowest income brackets hitherto starved of credits.
Tackling inequality and abject poverty will give us a handle on climate change. It is not the other way round.
crowdfund://0x2F2A3D020cfbD506AE64D31421231187b92963b1?features=overview,editions,podium,backers
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