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Connor McCormick ☀️ pfp
Connor McCormick ☀️

@nor

Help me be wrong about Index Wallets .22 ETH Everything you should need to know can be found here: preprint.indexwallets.org This bounty has various sub-bounties, when the money is used up it's gone. See next cast for sub-bounties @bountybot
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Connor McCormick ☀️ pfp
Connor McCormick ☀️

@nor

Bounties on .22 ETH: 30% - index wallet economies don't settle to a shared valuation at steady state 25% - index wallet don't have wealth equalizing dynamics 100% - index wallets can't be used to fund public goods 100% - there's a way to evade the voluntary taxation* 5% - they don't favor local businesses
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Connor McCormick ☀️ pfp
Connor McCormick ☀️

@nor

*index wallets can't be used to fund public goods* Show that it's not actually feasible for index wallets to be used for funding public goods. Assume that an economy has high adoption of index wallets and a public good some subgroup cares about, make an argument that that's insufficient for the good to be funded.
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Connor McCormick ☀️ pfp
Connor McCormick ☀️

@nor

*index wallet don't have wealth equalizing dynamics* In an economy with high adoption of index wallets and a steady creation of new public goods currencies, make an argument that this doesn't actually lead to wealth equalizing dynamics. Wealth eq means the gap between rich and non-rich shrinks.
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