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        <title>Kaylie Cottonfree</title>
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            <title>Kaylie Cottonfree</title>
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            <title><![CDATA[The Ideamarket & Laissez-Faire Infonomics]]></title>
            <link>https://paragraph.com/@kaylie-cottonfree/the-ideamarket-laissez-faire-infonomics</link>
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            <pubDate>Wed, 16 Feb 2022 00:30:14 GMT</pubDate>
            <description><![CDATA[What is Truth?"Give a man an idea, and he thinks for a day. Teach a man to list ideas, and he can feed himself for the rest of his life." Not quite the original quote, but it fits the idea economy available in Ideamarket well. Knowledge is power, few would refute that, yet how is truth handled in society today? Private interest gatekeepers, news organisations that are better described as advertising lobbyists, billionaire hobbyists protecting their interests - all these have an outsized influ...]]></description>
            <content:encoded><![CDATA[<figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/573653cb700f5dde4427a46055a4286368c86a3b14305dc13015edad9dc9cd25.png" alt="What is Truth?" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">What is Truth?</figcaption></figure><p><em>&quot;Give a man an idea, and he thinks for a day. Teach a man to list ideas, and he can feed himself for the rest of his life.&quot;</em></p><p>Not quite the original quote, but it fits the idea economy available in <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://ideamarket.io/">Ideamarket</a> well.</p><p>Knowledge is power, few would refute that, yet how is truth handled in society today? Private interest gatekeepers, news organisations that are better described as advertising lobbyists, billionaire hobbyists protecting their interests - all these have an outsized influence on what society views as &apos;truth&apos;.</p><p>But how can we go beyond the current state of play? Perhaps some learned individuals can shed some light on the situation?</p><p><em>“When enough people understand reality, tyrants can literally be ignored out of existence. They can&apos;t ever be voted out of existence.”</em> - Larken Rose</p><p>The above quote shows a depressing take on the state of things, appealing that a corrupt ruling influence can never be dealt with by the system they govern over, but rather takes the people to collectively enforce a new way of ruling.</p><p>Can this not apply to the corporate structure of the news and its many invested powers? Can we not as a society avoid the trappings and interests of those with power over what is considered true by innovating a new way to verify this most sacred of concepts? <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://ideamarket.io/">Ideamarket</a> achieves this marriage of the free market and truth so adeptly, it is almost as if the concept has existed since time immemorial, but only now brought into the world.</p><p><em>“The free market punishes irresponsibility. Government rewards it.”</em> - Harry Browne</p><p>A free market of information, to avoid the centralised influences currently in play that subvert the news, should be able to natively identify those actors with impure motives. But the question remains on how to deal with them?</p><p><em>“The criminal excesses of unlimited capitalistic liberty had soon been checked thanks to the unlimited liberty of the press.”</em> - Salvador de Madariaga, Essays with a Purpose</p><p>Ah, the bad actors in the free market are supposed to be dealt with by a free press! But how does that help us when the press themselves engage in bias and have special interests that do not align with common good?</p><p>The answer is to determine what is true with a free market. This forces the underlying assumptions of truth and integrity not to be attributed to a particular institution, but rather to the information itself. Then the press can provide their unique value; but the authenticity of the information will never be answered by an individual or a company, but by the wisdom of the free market.</p><p><em>“It is the consumers who make poor people rich and rich people poor.”</em> - Ludwig von Mises</p><p>People can decide what is true and what is fake, institutions are not necessary for that. We can come together and bring about a more enlightened age, with a technological advancement of news similar to that of the printing press or the Internet.</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/314b57afef6ed56e231cbecd3ab8f7714bc3a5323ad311e6871bec5be2aaf24f.png" alt="Who is smarter? A single leader, or their 1000&apos;s of subjects?" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Who is smarter? A single leader, or their 1000&apos;s of subjects?</figcaption></figure><p>Fundamentally, we need not rely on government or ruling entity to tell us what is right.</p><p><em>“State is the name of the coldest of all cold monsters. Coldly it lies; and this lie slips from its mouth: &apos;I, the state, am the people.”</em> - Friedrich Nietzsche</p><p>We need not feel fear at the thought of being wrong, as we only need to state our truths with conviction and the inherent acknowledgement that it is subjective to us.</p><p><em>“People and institutions that refuse to admit error eventually discredit themselves.”</em> - Jeffrey Tucker</p><p>We need not be bound by Byzantine rules and regulations for something as simple and pure as the truth.</p><p><em>“The more laws and restrictions there are, the poorer people become... The more rules and regulations, the more thieves and robbers.”</em> - Lao Tzu</p><p>But, if this does not appeal to you, perhaps your choice should remain the reliance on powers beyond your ken to determine truth, with your simple faith that they are right, if not correct.</p><p><em>&quot;The markets are moved by animal spirits, and not by reason.&quot;</em> - John Maynard Keynes</p><p>Truly, is there anything more terrifying than a fool with power?</p>]]></content:encoded>
            <author>kaylie-cottonfree@newsletter.paragraph.com (Kaylie Cottonfree)</author>
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            <title><![CDATA[Ideamarket: Or how the news became an investment and freed us all]]></title>
            <link>https://paragraph.com/@kaylie-cottonfree/ideamarket-or-how-the-news-became-an-investment-and-freed-us-all</link>
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            <pubDate>Fri, 11 Feb 2022 12:06:07 GMT</pubDate>
            <description><![CDATA[You wake up to your phone&apos;s ding, and blearily-eyed you check it seeing a news article that reads "Famous comedian under fire for racist comments". You sigh, putting your phone back into your pocket, but remember the comedian with compromised integrity. You get ready and begin your commute to work, scrolling through your social media feed awash with posts about how a recent popular uprising is filled with violent extremists, causing the death of numerous innocents. Upon arriving at your ...]]></description>
            <content:encoded><![CDATA[<figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/430a81af1d18581857d3145d8d28cd2198b8b3d6c9a2f02ed2b3016d89b88b84.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>You wake up to your phone&apos;s ding, and blearily-eyed you check it seeing a news article that reads &quot;Famous comedian under fire for racist comments&quot;. You sigh, putting your phone back into your pocket, but remember the comedian with compromised integrity.</p><p>You get ready and begin your commute to work, scrolling through your social media feed awash with posts about how a recent popular uprising is filled with violent extremists, causing the death of numerous innocents.</p><p>Upon arriving at your place of employment, you are greeted by co-workers, eager to regale you with the abundance of news that you mercifully missed. Discussing the latest shooting, political treason committed by the opposing party, and a celebrity that was shockingly found out to be a murderer - unbeknownst to their stalwart supporters.</p><p>&quot;Wow&quot; you think, &quot;this world is filled with hatred, death, and despair. How could anyone consider bringing a new life into this world?&quot; as you continue your day, barraged by an ongoing stream of &apos;news&apos; that only seeks to inform you that the world will come to an end in 7 years due to climate change.</p><p>This is not normal. An older person, one born before the time of social media, might remember a time when fear &amp; apprehension was not a constant partner. They can remember a time when, yes, there was hyperbole and lies on the television when tuned into the nightly news, but there was always the option to tune it out. This older individual might even seek a return to those &apos;better&apos; times, times when you were not constantly exposed to the mess of post-apocalyptic foreplay that is disingenuously termed &apos;news&apos;.</p><p>But how is this a solution? Should not the answer be something better? Something true? An answer that breaks any mal-formed narrative that seeks to profit from instilling terror in a populace?</p><p>Meet -</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/775a61711528ec2e00c99b97ba5a7873f6d221db8157acf364f434875b2f378d.png" alt="The Solution" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">The Solution</figcaption></figure><p>A solution created as not only an answer to established media narratives, but a method to empower each and every individual human being to seek out the truth and be rewarded for doing so.</p><p>As expressed on the front page, Ideamarket seeks to</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/42d1fbfa33e3e78c9b14df52c01ce5779fca974598cb0e7764e242c87fbff8cd.png" alt="As it should be" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">As it should be</figcaption></figure><p>and has currently created</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://storage.googleapis.com/papyrus_images/7dbd56b50bd5f91d9c61b51cfc2df2704f10babf5715f48dcb4971829d4c8877.png" alt="As of 11/02/2022" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">As of 11/02/2022</figcaption></figure><p>through its platform.</p><p>Through Ideamarket, we, the people are able to curate the news in 3 main ways:</p><ul><li><p>Find worthwhile articles, tweets, videos, &amp; accounts and list them on Ideamarket</p></li><li><p>Invest in that information or accounts that you deem accurate and interesting, increasing their value</p></li><li><p>Sell your investment in those listings once you believe the appropriate valuation has been reached</p></li></ul><p>With the above mechanisms available to all, people become the artibiters of truth, rather than special interests.</p><p>Additionally, should your listings become invested in (either by others, or yourself), you can claim interest ($$) that is generated on your listings, or even interest generated for a listed account of yours.</p><p>You can read more about Ideamarket philosophy and functionality on their website.</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.ideamarket.io/philosophy/why-facts-fail">https://docs.ideamarket.io/philosophy/why-facts-fail</a></p><p>The comprehensive document details core concepts such as: What is a fact?, How whale investors can have their excessive monetary power curbed, The value of the knowledge economy, as well as much, much more.</p><p>Financial systems run on money. Nations are powered by people. Let the news be based on facts.</p>]]></content:encoded>
            <author>kaylie-cottonfree@newsletter.paragraph.com (Kaylie Cottonfree)</author>
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