Bitcoin: Destroyer of Worlds
Certainly a valid concern about Proof-of-Work and maybe a reasonable generalization about some of the scammers in the ICO space. Yet it seems you haven’t actually looked at who we are, or what we’ve built.
Our team has been designing alternative currencies inside a Living Systems Model of Wealth for over a decade and a half. The MetaCurrency Project is a volunteer-run non-profit and we’ve given away every community currency platform we’ve built as open source software. We’ve been trying to get people to look beyond the extractive nature of money to “Current-Sees” as widespread tools for coordination and collective intelligence — not for getting rich.
We launched Holochain as an alternative to blockchain precisely because blockchain is so destructive — not only from an electricity waste perspective, but because its only useful application so far is Tokenization — turning everything in the world into fungible tokens. Even if they solved their energy problems, they’d still be eating the planet turning everything into gambling chips.
Holochain solves blockchain’s energy problem and so much more because its fundamental design is based on the scaling patterns found in nature. It doesn’t need a currency built into it, because it’s efficient enough to make it worthwhile running just so you get to keep your own data instead of give it over to Facebook, Google, or other big corporations.
And the first currency we’re building on top of it is not a cryptocoin (we won’t build any of those) but a mutual-credit, value-stable, asset-backed, crypto-accounting framework for P2P applications. Our systems are not designed for hiding digital anonymous cash, but for building social coherence by holding people to account to shared agreements.
Maybe you haven’t seen a proposed solution for this problem yet because you just haven’t read our white paper.
