Public Goods

Impact

/cal 

Photographer, Artist, Web3 Educator, IP Lawyer, Patent Agent, Explorer 📸⛰️✨ 

 Building /flowcast with /mindfulness 🌊

https://wanderloots.com/links

So let's say we have a social coordination layer for a network, which allows members in that network to come to agreement on the value of a certain contribution (to make it more concrete, let's say they agree that finding a cure to a certain disease is worth issuing 1% additional currency).

So now you can have a completely diff paradigm to achieving this goal. People can collaborate in the open and build on each other's research until they find the cure. Then each individual would get compensated based on their contribution.

There is no need to patent the cure since you now have a business model that compensates people for creating public good.

This also means that other people can build on top of this research, make additional discoveries, and get compensated based on how much the network values the additional discoveries - so the work is additive.

What applies to medical research also applies to open source code, investigative journalism, and producing other common goods

We only "need" patents because we don't have a better way to compensate research labor. Same with copyright, which is supposed to compensate creative labor. 

In both cases, this imposed artificial scarcity harms us. Open access means literal lives saved, and a livelier cultural scene. Public goods makes us all richer.

100%

Two readings that influenced me a lot on this topic. Wild that we don’t question these things more often as a society

Invisible Gardener. Regen practices. Degen research. Building StatelessDAO open source co-ops. Pixeloodles & Degenomemetics:  https://zora.co/@invisiblegardener

@vocdoni, prev. Bitcoin Magazine | Purple #203 | Cohost: /diy /anthropology /vote /biohacking /cooperatives

As the current model breaks down more and more, things seem to be accelerating. I hope we see more of this type of questioning popping up.

🙏 agreed! Many interesting alternatives can arise from it!