What If Chronicles

What If We Mine Impact, Not Bitcoin


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This podcast episode explores the concept of "Flourish," a hypothetical cryptocurrency that incentivizes real-world human progress instead of computational work. Imagine a world where hospitals, schools, and environmental initiatives "mine" tokens by demonstrating measurable improvements in areas like health, education, and sustainability. The episode delves into the mechanics of Flourish, explaining how a complex system of oracles, data validators, and AI could verify real-world progress, rewarding those who contribute to a better future.

Key discussion points include:

  • Medical Impact Mining: How hospitals could earn tokens for improving patient outcomes and advancing medical research.
  • Educational Achievement Generation: Rewarding communities that demonstrate significant progress in literacy rates and skill development.
  • Environmental Regeneration Rewards: Incentivizing activities like carbon capture, biodiversity enhancement, and pollution reduction.
  • Social Cohesion Metrics: How improvements in social indicators such as reduced crime rates and increased civic engagement could be measured and rewarded.
  • The episode also explores the potential downsides of such a system, such as the risk of gaming the metrics or prioritizing easily quantifiable improvements over more nuanced aspects of human flourishing. Tune in to discover how Flourish could revolutionize our economic system and incentivize a more sustainable and equitable future, while acknowledging the challenges in ensuring genuine progress.

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    What If ChroniclesBy Chien Trang