I know only a little bit about crypto, but I invested a bit 3 years ago during the previous surge. I got out of it last week because I do not understand any real life value it has. I do not understand blockchain either but expect it will be useful security and accounting tool with likely application to a “stamp” based system like I am proposing.
I will check this out. I am interested, just nolonger invested.
I need to clarify what I propose the “value” of a PonyUPS stamp to be (and which I have not done until now). It is twice (2x) the system maintenance and development cost of transmission and delivery, PLUS 10%.
I suspect that value is less than 2 cents US dollars. If, in truth, that value is higher than 2 cents (US) then my proposal is probably a non-starter.
But I expect it is less. And I expect, as system efficiencies improve, that that cost would decrease - - - as could the cost of those stamps.
So we have a community commons resource that is fully owned and managed by its users, PLUS 10%
So what is that extra 10% used for?
I suggest that it be invested in those natural resources that contribute to climate regeneration as a physical tangible anchor point for calculating the value of user contributions, and we use PPM CO2 as a value indicator.
Today, the PPM CO2 is 412. Prior to the Industrial Revolution, the PPM was around 280. Let’s call 280 PPM ideal, and 412 PPM the mess we are in today. The difference is 412 - 280 = 132. On a log scale of 100 every reduction in PPM would increase the value of our contribution by a factor of about 1.75 so a 1 cent contribution would be worth 1.75 and it would progress like this as additional PPM of CO2 would be sequestered out of the atmosphere:
Value of investment per PPM reduction: 1.75 3.06 5.36 9.38 16.41 28.72 50.27 87.96 153.94 269.39 471.43 825.01 etc.
Calculated this way, if we were to reach the goal of 350.org (which is 350 PPM CO2 in atmosphere) that would be a reduction in PPM of 62. At that point our donation TODAY of 1 penny would THEN be worth (take a breath) OVER 6.6 TRILLION DOLLARS.
It then gets just ridiculous. . . . . . : )
If then we reduce PPM to less than say 285 PPM investments would decline in value.
My point is that investing in the community commons has great investment opportunity BECAUSE it belongs to everyone. By attaching an open source project investment into a natural resource like PPM CO2 can and does reap a heap of social satisfaction. This would be just one measure to judge just how successful such contributions are, whether it is pennies, discussions like this one, or open source, and public domain resources. These contributions are, as the slogan of the Community Land Trust Model states: Once invested - forever in service.