Quote from: Dorky on October 08, 2017, 02:01:45 AM

Quote from: Hyperme.sh on October 08, 2017, 01:51:07 AM

As long as we can use the tokens to run the decentralized ledger and get all the benefits thereof (e.g. Ethereum apps), who cares if the distribution of the money supply is fair.

The design of my decentralized ledger attempts to make the distribution of the money supply irrelevant (unlike in proof-of-stake) and there is no mining!

Something totally new is coming

No, I wasn't referring specifically to the distribution of money supply as some aspect that is fair or unfair.
I meant the entire monetary system itself, any monetary system.
Because whatever the monetary system, it mainly seeks to facilitate human unfair and untrustworthy natures the best it can.
In my sincere opinion, the best system is not a system that seeks to facilitate such natures (unfair and untrustworthy) but to resolve the natures themselves.
Because ultimately it is no use to help a criminal not to harm another with all sorts of rules in place, but to help him realize where he went wrong in life, and help him resolve his inner grudge.
Once he resolves his inner grudge, he will stop being any criminal that he can potentially be as long as his grudge remains.
And if human natures of being unfair and untrustworthy are resolved, no monetary system will ever be needed.
If such natures are not resolved, no financial/monetary system will ever work nor everlasting.
If you notice, a massively huge part of everything everyone does, concentrates on minimizing/eliminating unfair and untrustworthy outcomes.
It makes no difference with whatever a new system will bring, as long as such human nature continue to persist.
If such human nature ceases to exist, i.e. humans become fair and trustworthy, then no system whatsoever is needed.

What Im thinking about in the above comment is the Inverse Commons that @iamnotback used to write about. You might want to check his archives.

The monetary system of the token becomes more and more irrelevant. The utility of the Inverse Commons on the decentralized ledger becomes the value of the system.