7 ms·

The decentralization of PoS depends entirely on initial token distribution.

• cowtools 4y ago
  How would you distribute tokens fairly? Give 1 to every person in the world? What about the next generation?
  • yellowapple 4y ago
    1. Peg coins to units of land value 2. Mint NFTs representing land parcels and persons 3. Collect land value tax from all holders of parcel NFTs 4. Disburse dividends to all holders of personhood NFTs 5. Bask in the glory of Crypto-Georgism (Disclaimer: I have no idea how practical this is, but it sounds fuckin' rad.)
    • cowtools 4y ago
      Interesting idea but you need someone to enforce land contracts and distribute person-hood contracts, so it becomes centralized. Also it would suck for mennonites who don't want to use technology.
• deleted 4y ago
  [deleted]