by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle
In a DAO Democracy, how do we propose a bill, and how does it get adopted? Initially, anyone can propose a bill. It can be submitted at any time. If the prediction market says it has a positive impact on the collective welfare, it is adopted. If not, it is not. If the...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle
If we grant that the final result is desirable, how might it be achieved? What are the paths from the world as it exists today to this future, better world where sound governance is the rule and not the exception? An existing organization might already be taking an...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle, platform
Anyone can propose a bill at any time. All proposals are reviewed equally, without bias. Proposals that improve the general welfare (according to the prediction market’s evaluation of the publicly known metric for the general welfare) will be adopted. The mechanism by...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle
While we have considered DAO’s as a base for a stable democracy, it is apparent that they can serve as a base for any computation. Further, given the persistence of a successful DAO (the DAO for Bitcoin has persisted since January 3rd, 2009), it seems inevitable that...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle
A problem that might occur with prediction markets and governmental policies might be described as the End of the World problem. Suppose we are evaluating a policy that is very good, but has the small problem that is has a 20% probability of causing the end of the...
by Alan Forester-Kaiser | Jun 15, 2016 | dao, merkle
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