The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

answers to all

> We’ve tried coordination without governance before. It’s called “feudalism”. 

peasants could not pool money and deploy it in a decentralized manner with feudalism

> Ok but we aren’t gonna do that! You will say. But as far as I know no BTC maxi has any vision for how this supposed coordination will work. It’s hopium 

my article outlines my vision for it, haven't seen a response refuting anything from that article yet

> If Bitcoin ever becomes the global monetary layer, do you think the people who hold the most of it should have any obligation to the rest of society? Will Michael Saylor? 

what does the global monetary layer have to do with our obligations to the rest of society? the form of money we use doesn't change human nature

> How would Bitcoin help coordinate healthcare infrastructure—something that requires more than financial incentives?

everyone has a financial incentive to support healthcare infrastructure, we just need to design better financing mechanisms

I got into a 3 day debate with Kenny where I tried to rebut his fantasy that All The World’s Problems Will Be Fixed If We All Become Freelancers In A Gig Economy of Everything (paid in BTC)

What a thread. I love how people believe rich people will help others just like that. 

This reminds me of another cast from Balajis talking about conducting hiring interviews as paid micro-jobs. While this sounds good on paper, the truth is that companies will use it as a way to get their work done without paying anything back (or even paying) but not respecting labor rights at all. 

Money in general fires us greed. Greed runs the world unfortunately (just talk about tariffs 😁)

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dev

It is happening. What amazes me is that we get really well-known people to say this as it is a good thing for everyone, and we clap for their wise words. We help companies and rich people get richer without giving rights to workers.

Another example: Elon says that working 120 hours per week should be the new standard and lots of people agree publicly. It is wild.

White collar labor is tight enough today I am getting the sense from my friends interviewing that what you outline is already happening but the interviewees aren’t even getting paid for their tasks