Finite and infinite games of the decentralization movement

Image for post
Image for post

<2019 thoughts>

I’m now 99.9% convinced the blockchain paradigm is hurtling down the SUPER BAD path. Blockchains are centralized global datastores; the perfect tool for global authoritarianism. We need to switch to distributed P2P architectures and mutual credit cryptocurrencies.

<2018 thoughts>

I was lucky enough to be asked to write a short opinion piece for an awesome zine and open experiment titled Open Letters to The Web 3.0 which was distributed at the 2018 Ethereal Summit in New York.

The question was: “What is something related to the blockchain space that either keeps you up at night or on the edge of your seat?”

The end-game.

For me it’s all the fear and uncertainty of the complexity that emerges from millions of monkeys building pieces of their own personal visions for a “decentralized future”. Just like any new tool at our disposal it can be used for the subjective “good” or “bad”. …


How driverless vehicles can enable ondemand accommodation for one night or 1000, and at rates 10x cheaper than your rent bill

Image for post
Image for post

“Good evening ladies and gentlemen, we’re about to begin our descent into Sydney. Please fasten your seatbelts and place your trays in the upright position. Local time is 8:42pm and a humid 27 degrees. Our flight crew wishes you a Happy New Year, and we hope you fly with us again in 2025.”

Screeech. You’ve landed. Time to relax those butt cheeks.

It was only this morning you booked this flight, and now you’re on the other side of the planet. Amazing. You’re nervous but excited to visit Australia for the first time. One week to explore the city and five weeks on a new design project. When that project match showed up in your feed you claimed it in two seconds. …


How to shape a compelling housing alternative to bring freedom to millions and crash demand for the speculative housing market

Image for post
Image for post
  1. Part One: State of the global housing crisis and proposed solutions
  2. Part Two: Driverless van homes solution with drone deliveries

#VanLife + #TinyHouse: Comfort & Freedom

In response to rising rents and house prices, millions of people around the world are today turning to alternative housing options such as tiny houses and vans. Raised on the internet and unable to afford housing, the millennial generation are giving the proverbial finger to the housing market and sharing their #vanlife lifestyles and #tinyhouse builds on social media.

Tiny Houses

Tiny houses are typically under 50 meters squared and range from $10,000 to $50,000 to construct. They have everything you’d expect in an average house, though on a smaller footprint. …


How to shape a compelling housing alternative to bring freedom to millions and crash demand for the speculative housing market

Image for post
Image for post
  1. Part One: State of the global housing crisis and proposed solutions
  2. Part Two: Driverless van homes, $0 living costs and drone deliveries

Housing un-affordability has become a cultural norm on this space rock we call Earth. What once began as an achievable Dream™ for the mass working class, has disfigured into a speculative tumor which threatens to keep the basic human need of shelter beyond the reach of billions.

A recent study estimated that by 2025 over 1.6 billion people across 440 million households will lack access to secure, adequate, and affordable housing. …


How cryptocurrency mining can help subsidize a rapid transition to 100% renewable energy across our planet

Image for post
Image for post

“If you want to find the secrets of the universe, think in terms of energy, frequency and vibration.” — Nikola Tesla

Life, the universe and everything is powered by energy. It’s fundamental at every scale, from the quantum to the cosmic and everything in between.

The progress of our species throughout history has been intertwined with the discovery and use of various energy sources. Burning wood enabled cooking to become our external stomach, burning coal enabled steam engines and the Industrial Revolution, and burning oil enabled combustion engines from which cities and global commerce emerged.

Without energy in the form of electricity, today’s global human civilization would grind to a halt and catapult our species back to the Dark Ages. No more artificial light, refrigerators, internet, smartphones, cat videos, blockchain, and definitely no more mining cryptocurrencies such as Bitcoin or Ethereum. …


How to create value in the coming era of decentralization

Image for post
Image for post

Blockchain technology is all the rage right now for geeks, anarchists, gamblers and corporate executives, with a vast spectrum of motivations and visions for future use cases. And while a diversity of participants and ideas is fantastic for the development of the blockchain ecosystem, many fail to grasp the original intention and core design of the technology.

With yet another global financial meltdown in 2008, Bitcoin launched shortly thereafter to great fanfare from cryptoanarchists and libertarians who wanted to relinquish control of the monetary supply from the central banks.

Satoshi Nakamoto and other cryptoanarchists understood the potential for blockchain beyond basic financial transactions. But it wasn’t until Ethereum launched in 2015 that a Turing-complete solution became a reality. …


Blockchain fix to homelessness, real estate bubbles & rent-seeking

Image for post
Image for post
Housey McHouseFace
  1. Part One: Housing affordability, homelessness & sharing economy
  2. Part Two: PropertyDAO concept solution & transition strategies

It’s no surprise that in many parts of the world housing affordability has become a running joke for the average worker and millennial generation. Inflated by government tax offsets and low-interest loans, these real estate bubbles continue to drive property prices through the roof (ayy pun).

We live in an exponential world where the basic costs of living are rapidly demonetising; all except for that one fundamental human need of shelter. …


Blockchain fix to homelessness, real estate bubbles & rent-seeking

Image for post
Image for post
Little green boxes
  1. Part One: Housing affordability, homelessness & sharing economy
  2. Part Two: PropertyDAO concept solution & transition strategies

Imagine a future where houses and property are owned by the blockchain commons and managed via a decentralised autonomous organisation (DAO). Instant ondemand access to any property in the world; the convenience and ease of a hotel booking, fully-furnished and connected, short or very long-term leases, and at a low fixed-term fee based solely on supply and demand.

With the assistance of a global PropertyDAO, each individual property would manage almost everything itself:

  • collect rent into it’s wallet address
  • pay it’s own mortgage, council rates, wifi and utility…


Image for post
Image for post

Just for fun I decided to write a brief dialogue between Captain Kirk and Spock discussing the human species’ fascination with accumulating money.

Kirk: “What have you learned of this species?”
Spock: “They have a curious fascination with accumulating numbers”
K: “The monkeys like numbers?”
S: “Yes, it appears they will do almost any act, often barbaric, in return for numbers”
K: “Do these numbers signal their intellect, passions, interests, skills?”
S: “No, they are simply digital numbers”
K: “So they’re not used to facilitate any collective intelligence, autonomous problem solving, temporal hiveminds?”
S: “No, just inert numbers”
K: “And these numbers are distributed equally each orbit?”
S: “No, it appears that 8 of the primates now possess greater than 50% of the numbers”
K: “8!!! What about the others?”
S: “It appears if they cannot accumulate enough numbers, they starve to death. Thus the primates with greater numbers have enslaved those with fewer numbers”
K: “Wow, this is their economic system?!”
S: “Yes, it began 200 orbits ago”
K: “Why haven’t they changed it?”
S: “Their governance systems are ruled by primates with greater numbers”
K: “But it’s just digital numbers, couldn’t they just create new numbers?”
S: “Yes, some have begun building a cryptographic network beyond the reach of the primates with greater numbers”
K: “Good, so they no longer accumulate numbers”
S: “No, it appears the primates are creating new inert numbers to accumulate”
K: “Oh great, let me guess… a few monkeys have most of those new numbers, and the others are still starving to death”
S: “Yes”
K: “Primitive. Log the findings. …

About

Nathan Waters

creator · humanitarian · futurist

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store