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Author: Domatron Graves
Date:  
To: System undo crew
Subject: Re: [unSYSTEM] Rethinking cryptocurrency as accountable distributed decisionmaking
I feel like the exchanges are and have always been the weekest link in the
bitcoin ecosystem. Does anyone know of anyone developing ideas for a
decentralized exchange system. Perhaps someway of automating deposits to
bank accounts. Maybe some kind of front end client that can integrate with
a banking website. I can't think of anyway this can be done without all
security being compromised by trust in the bank as a third party though.

On Sunday, May 11, 2014, Justus Ranvier <justusranvier@???> wrote:

> On 05/10/2014 08:33 PM, Kristov Atlas wrote:
> >
> >> The problem is no accountability, voters are locked in once the
> decision is made. This made sense in the days of horseback travel, but in a
> post-bitcoin world this idea is preposterous. Accountability is necessary
> all the time, and applying the metaphors and tools of Bitcoin we can
> achieve it.
> >>
> > No software can solve the issue of initiating violence. This is the
> actual problem with politics, not accountability. Direct democracy might be
> an incremental improvement, but I'd rather flip the board rather than
> rearranging our chess pieces. It's time to evolve.
>
> I agree. Using software to incrementally improve voting is putting
> lipstick on a pig.
>
> Enlightenment is the recognition that voting as a mechanism is incapable
> of conveying legitimacy (if ethics really were derived from a majority
> consensus, then we wouldn't recognize gang rape as evil).
>
> The lawmaking process is not broken because of a failure in the election
> systems - it's broken because it shouldn't exist.
>