That paper is too far out of what I know for me to give any useful commentary. Also, are you more than one person?
Yes, more work is needed in simpl...
That paper is too far out of what I know for me to give any useful commentary. Also, are you more than one person?
Yes, more work is needed in simplifying all the stuff behind bitcoin. There are some really great projects working towards that, though, and there's the advantage of basically any tech used in bitcoin has other uses. I particularly like this : https://tropicsquare.com/
Bitcoin's project is about a lot more than better money. We're trying to upgrade civilization. I think you clearly see the dangers and the need for an upgrade. Right now, imo the world could easily fall into a destructive cycle where supply chains start breaking and states go back to territorial conquest while sabotaging each other, and that leads to the stone age. A climate disaster could initiate that, regardless of everyone's intentions and regardless of the veracity of the claims on either side of the "carbon" issue. It could be set off by anything. It could be set off by the most powerful state deciding to employ terrorists on its own streets while psyoping it's own citizens, which is currently happening. Next week we could all discover that nothing works reliably.
So how you actually solve peak complexity? I'd start with recognizing that peak complexity is equivalent to too much reliance on centralized systems. We tend to centralize things for easier control, which allows us to achieve other goals in other areas - but that's an increase in complexity, and its a fragile complexity. At this point, all new solutions need to go the other way : decentralize, reduce control, empower individuals or the smallest unit reasonable, produce locally, etc. That's robust. That can take a hit like an act of God and bounce back.
Remember that tsunami that killed a quarter million people in South Asia a few years ago? When I went to South Asia a couple years after that, I couldn't tell anything had happened. Imagine if that occurred in the North Atlantic and struck the East coast of the US and the North coast of Europe. Our system would collapse, entirely. Too centralized. In ideal conditions and perfect leadership, it would take a minimum of a decade to recover. That's not even a big disaster, in earth terms. Something like that will happen, and we're fucked, because we build shit too centralized, we're too corrupt, too unpropertied, too reliant on insurance, too reliant on government printing up funny money, and that distorts prices and crowds out free market activity, and literally 99% of people who would like to start businesses don't because of all these reasons. Centralization will kill us. Guaranteed. If there were previous technological civilizations (which there is very ample evidence for), they were destroyed because they were too fragile, which means they made similar mistakes to what we are currently doing. Bitcoin touches every issue. It can't be ignored or abandoned. It is necessary.
