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How Blockchains Can Help Create Little Democracies Everywhere - Ep.108

How Blockchains Can Help Create Little Democracies Everywhere - Ep.108

FromUnchained


How Blockchains Can Help Create Little Democracies Everywhere - Ep.108

FromUnchained

ratings:
Length:
74 minutes
Released:
Feb 26, 2019
Format:
Podcast episode

Description

Glen Weyl, a political economist and social technologist, the coauthor of Radical Markets and a principal researcher at Microsoft, and Santiago Siri, the founder of Democracy Earth, discuss how blockchains can be used to create borderless democracies that can reach any citizen on earth and can be used not just by nation-states but in all kinds of communities such as the workplace, church or a social network like Facebook. We cover concepts such as quadratic finance and quadratic voting, and look at how forcing voters to have a budget for their votes changes voting behavior. We also dive into what needs to be put in place for blockchain-based voting systems to work, why identity solutions are crucial but also so hard to get right, and how we can prevent token-based governance systems from becoming plutocracies. Plus, we surmise that blockchain-based governance might be the 21st century political experiment and that someday, we may all be citizens of multiple communities. Thank you to our sponsors! CipherTrace: http://ciphertrace.com/unchained Microsoft: https://twitter.com/MSFTBlockchain and https://aka.ms/unchained Episode links: Democracy Earth:  https://www.democracy.earth Santiago Siri: https://twitter.com/santisiri Radical Xchange: https://twitter.com/RadxChange Glen Weyl: https://twitter.com/glenweyl Radical Xchange conference in March: radicalxchange.org Radical Markets: https://press.princeton.edu/titles/11222.html Democracy Earth white paper: https://www.dropbox.com/s/sifogl4zimwkkei/Democracy%20Earth%20-%20Social%20Smart%20Contract%20-%20Paper%20v0.2.pdf?dl=0 Democracy Earth cofounder Pia Mancini on early work with digital democracy: https://www.ted.com/talks/pia_mancini_how_to_upgrade_democracy_for_the_internet_era?language=en Santi on how blockchains could revolutionize democracy: https://www.youtube.com/watch?v=UajbQTHnTfM Wired article on Democracy Earth: https://www.wired.com/story/santiago-siri-radical-plan-for-blockchain-voting/ CoinDesk feature on Glen Weyl: https://www.coindesk.com/coindesk-most-influential-blockchain-2018-glen-weyl Vitalik Buterin blog post on Radical Markets: https://vitalik.ca/general/2018/04/20/radical_markets.html Paper by Vitalik, Zoe Hitzig and Glen on quadratic financing: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3243656
Released:
Feb 26, 2019
Format:
Podcast episode

Titles in the series (100)

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.