Why Everyone Missed the Most Mind-Blowing Feature of Cryptocurrency
Daniel Jeffries
16K244

Hey Daniel Jeffries thanks for the post

“We need to find a way to distribute the money far and wide without taking it from everyone else”

I believe you are describing, what can be called a dispersive money-creation process.As you might be aware this type of money creation can be found in traditional I Owe Yous (IOUs) based LETS or Time Bank complementary currency schemes.

I am working with a bunch of Ethereum developers to implement this dispersive money creation process while drawing on the tamper-proof and interoperability properties of blockchain technology.

In order words, we are implementing the ORIGINAL Ripple Idea on Ethereum.

I would be happy to hear your thoughts on this kind of money creation, that is designed to mitigate the unfair distribution to early-adopters in for example Bitcoin and Ethereum.

The explainer video in the post is a good intro to how it works

https://medium.com/the-trustlines-network/trustlines-network-the-original-ripple-idea-built-on-ethereum-de162e640fa6

Have a nice day and looking forward to your next piece

Gustav

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