Why we should delegate Central Banking duties to Universities ?
In order to leverage the collective resources of many individuals, journaling solutions must be put in place. The technological adoption of discovery depends on the evolution of the physical journaling solutions.
Either logging progress, journaling debt, or identifying an individual. Humanity have worked its way forward, by improving on the physical medium, from paper, minted coins, antennas, to emerald tablets (printed circuit boards).
Depending on the physical medium, journaling methodologies are used to govern daily life, such as email, blockchain, 4G, minting, paint, printing, video recording.
Is there a stochastic process by which we can evolve the physical journaling solutions?
Such as, using quantum entanglement for instrastructure-less communication
We can notice that two classes are usually requested to structure such progress, finance and academia.
- The first is about the allocation and governance of resources, from central banking to venture capital, by continuously binding resources, results are expected. For which the debtors contribution are registered, to justify their future rewards.
- While academia is for structuring and governing the results, from labs, libraries to universities. The results depends on the training of the humans involved and the market demand. To insure the process we take into account to record finding and experimental results, so that we can attain a practical collaborate to achieve a result.
Both can be considered as stacks of journaling solutions, that can be reduced down to a simpler journaling solution.
Hypothetically, the role that central banking plays, can be administered to a university or research institution.
By making the educational body as the financial body (bank), it removes the costs and interest rates, and justifies relentless investments.
Furthermore, in an international business context a central university, that bind multiple countries, by giving a quota of students for the contributors. Not only it would enable investments to cross borders regardless of the currency policy. Such system can scale and grow, by branching, by having a middle institutions and branch institutions. Practically, it can leverage multiple sources of capital, from multiple organizational bodies, across multiple countries.
My hypothesis is that can we use the academic journaling mechanisms to administer financial duties, if applied extensively accelerate the adoption of scientific discovery to technological application, by focusing on the evolution of physical journaling mediums.
I’ll let you with a quote of Thomas Jefferson (3rd President), in one of his letters to John Tyler (10th president) in May 26, 1810, on republic design, and law, centred around educational institutions.
He wrote the letter after ending his mandate as president, and before founding the University of Virginia. The exchange goes as follows:
I have indeed two great measures at heart, without which no republic can maintain itself in strength.
1- That of general education, to enable every man to judge for himself what will secure or endanger his freedom.
2- To divide every county into hundreds, of such size that all the children of each will be within reach of a central school in it.
But this division looks to many other fundamental provisions…
