The rapid advancement of AI threatens to plunge us into a 'hall of mirrors' reality, where the concept of truth is destabilized. In this labyrinth, only the unwavering integrity of a robust proof-of-work blockchain can serve as the North Star.
When proof of work gives away to proof of stake - when engineers give away to MBAs - when William Boeing's life work gives away to Jack Welchiness thinking, we have a tragedy.
3. A reserve currency in its truest form allows free speech for the marketplace of ideas to assess value and truth. Often times this marketplace is messy, but the alternative while attractive, often times destroys value and truth.
Ultimately having a proof of work based ledger will likely assist a civilization make the correct and legitimate resource calculations to become an interstellar one.
3. They will view us with more respect for a math based proof of work system anchoring the monetary base layer, but likely value a POW system requiring a dying star, the most, as that requires the most work - having the most legitimacy spanning a star system.
2. Will a visitors from another star system value our proof of stake which is a local to pictures of people on rubles or yuan? No. Those visitors will laugh at those representations or be polite and treat rubles or yuan as curiosities.
1. POW vs. POS? The clearest lens to assess the validity of the monetary base layer is to see what base layer will be valued by a civilization from another star system.
Ray Dalio's analysis in Changing World Order is incomplete without understanding the rise of androgyny & men-women hybrids is sign of culture that has stopped believing in itself, as Camille Paglia summarizes, is ready to cede reserve status.
The in between situation would be the rise of AI and automatons. It’s unlikely independent automatons will see money the same way the Russian government sees the ruble as money. A ledger based on proof of work is preferable to a Kremlin based proof of stake.
We are witnesses to, in this decade and possibly century, on how mathematical proof of work and elliptic curve cryptography interplay with munitions and explosives. What kind of political systems will thrive? One based on proof of work or proof of stake?
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