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https://warpcast.com/~/channel/publicgoods
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Mike | Abundance π
@abundance
Every product and service that generates a ROI in our economy has a corresponding Coordination Structure that enables that ROI. This is what's missing for public goods, and why we're not producing public goods at scale. Programmable money fixes this
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Mehdi Benembarek
@mehdi-benembarek
Mike β¦ What do you mean by Coordinating Structure Also, not sure if everything must be ROIfied β¦ or, not every human interactions is an investment
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Mike | Abundance π
@abundance
see explanation here: https://paragraph.com/@abundance/how-public-goods-can-capture-value true that not everything must be ROIfied, but I'd rather see people producing more things that benefit others (and getting paid for that) than fewer things but with the knowledge that they were only produced for altruistic motives. put it a diff way: having a business model to sell apples in the market doesn't prevent people from giving out apples for free, but it does allow people to produce apples at scale
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Mehdi Benembarek
@mehdi-benembarek
If we take that specific market, apples. There are between 7.5 and 10k varieties of apples. And 65% of worldwide market concentrated between 4 varieties (Red Delicious, Fuji and Gala) Same for any market Markets will prevent from free exchange, crypto included imho. Norms and regulations
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Mike | Abundance π
@abundance
but having markets doesn't prevent people from producing and giving out those 10k variables for free, no? otoh how many people would be producing apples (at a cost to themselves) if they couldn't sell them? I can guarantee you it would be a tiny fraction of what it is now
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