Hacking the current Economic System

[contactkarmabank]

You've already posted this once before. Stick to the same thread if you're just going to repeat yourself and ignore members challenges to your original post.

Duplicate threads merged.
/mod.

I didn't see any replies on that thread but I will happily respond to those that may have questions

Big Idea, Mobile App device that allows any user to award themselves their own "points" based on good deeds they done each day

How do you account for the selfishness factor, or self-delusion and other human flaws? I may perform a series of good deeds throughout the day but think nothing of them, because that's how I roll. On the other hand, there are people who think that mugging someone in the street for their wallet, but handing back their library card before running off, is a good deed. Oh and by the way, good luck trying to define the word 'good' and on picking a definition that everyone agrees on. I just took 5 minutes out of my life to write the paragraph you are currently reading - I feel as though I deserve 10 good deed points for that. Screw that, I want 1000 points because I'm ace.

Deeds get publicly listed on users profile.

Lol you GCHQ bro? The kind of people who desperately seek the validation of others are the kind of unthinking morons you're going to get listing off their good deeds. Woohoo - liked a pic on facebook - giz 15 points! Yay - smiled at an old pensioner today which made them smile back - gimme 50 points! Wow - picked up and threw away my glue-bag in a litter bin instead of just discarding it on the park floor - 100 points for me!

Merchant/other Users accept these "points" for products/services

The merchants would have to be as retarded as the users taking part in this madcap scheme. I'm self-employed so if I don't earn, I'm skint. Say someone approaches me and asks me for my skills and services, I can asure you, in this world and all other parallel dimensions that might possibly exist, I'm going to respond with 'get to fuck, pay me or I don't work,' and not 'yeah sure, I'll just work for the next 2 weeks for sod all.'

we are allowing them to determine for themselves their point "needs" in life

Person A needs the following to survive: food, water, shelter, the basics. Person B 'needs' the following: macdonalds, coke, a nice bed - always ready made, internets, facebook, bling, the latest fashions, a million pair of shoes and a brand new mobile phone every week.

Sir, clearly you are high. At least share what you're smoking, because I 'deserve' some nice bud right now. Another thing, who's going to keep all this data stored, will it be safe, is the database hackable, is it open to abuse, what about rep-giving circle-jerks etc etc. Puff puff pass yo.

1)How do you account for the selfishness factor, or self-delusion and other human flaws?
see Step 2) merchants and 3rd parties are allowed to accept or reject points from the user-group for services/goods as well as participate in scenario 1; if I'm an merchant will I take your points if I don't agree?

2) The kind of people who desperately seek the validation of others are the kind of unthinking morons you're going to get listing off their good deeds. + Can you phrase this as an specific question?

3) The merchants would have to be as retarded as the users taking part in this madcap scheme. Can you phrase this as an specific question?

4) Another thing, who's going to keep all this data stored, will it be safe, is the database hack-able, is it open to abuse, what about rep-giving circle-jerks

Valid questions, I have not delved too deeply in the technical aspect of storing the data, there is the question that since, the system is designed to be inflationary you may have an number that may be too big to store at some point and needs to introduce decimals or other systems; As for rep-giving circle-jerks please see

step 1)each person gets an theoretical printing press by allowing for each user to decide how much each of their karma actions are worth, note that what is considered karma action and said action awarded will be public info, but up to each user to decide

5)Puff puff pass yo. (its hashish from amstel-dam so unless you want to meet up there )

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Hmmm, so how many little old ladies will I have to claim to have helped across the street before you will give me a new Lamborghini?

IDK up to you, but you gotta find someone who really loves old ladies + deals cars are maybe is an old lady her-self

[contactkarmabank]

i don't get what the point is.

To address some of the real questions in this thread, I decided to comply an list of possible questions that I believe most people have on their minds on why such an system will not work.

If I may, I would like to understand that your questions are this,

Does an item has to be both desirable and scarce in order for it to retain value?

I believe not, for much of history human credit was extended, many people in villages and local communities still do, for example in India and even rural America; shop-keepers will keep an ledger or an tab, (extending credit to locals and regulars).

This is simply the individuals trust or credit in another, and this is infinite in quantity and desirable and in my opinion, has great value.


My question to you is as follows,

Do you believe that humans, are inherently self-serving?
Do you believe that given the chance, humans have an infinite appetite for consuming?


According to modern economic thought, because every individual seeks to gain advantage for his personal benefit, the market is the fairest way to distribute the scarce resources.

If I think of anything more I'll edit this post, till otherwise peace

[stormium]

* stormium stares blankly at thread.

why does this sound like an advertisement for dianetics?

[contactkarmabank]

* stormium stares blankly at thread.

why does this sound like an advertisement for dianetics?

Not to sound patronizing but it is pretty simple

Instead of having an fiat currency ponzi scheme controlled by central banks and national interests, the alternative is an decentralized ponzi scheme controlled by everyone that rests on their morality.

[stormium]

* stormium continues to stare blankly at thread.

so, you are saying that the current fiat currency ponzi scheme controlled by the morality of central banks and national interests should be replaced by a ponzi scheme controlled by the morality of everyone?

sorry, i don't see a difference. i'd rather get robbed by a bank than my neighbor.

[contactkarmabank]

* stormium continues to stare blankly at thread.

so, you are saying that the current fiat currency ponzi scheme controlled by the morality of central banks and national interests should be replaced by a ponzi scheme controlled by the morality of everyone?

sorry, i don't see a difference. i'd rather get robbed by a bank than my neighbor.

actually, to over-simplify it, its being robbed by central banks vs everyone borrowing from the future

[stormium]

okay.... i'll bite...

how many of these karma point will be in circulation?