What if money was no longer earned, but drawn?
Pegged turns randomness into redistribution. No stake, no story, no governance.
It’s not a utopia. It’s a mechanism.
Read the white paper that shows how structural indifference might be the fairest system yet.
Any feedback is welcome.
It is a human feature to think that once a "difficult" concept has been grasped, it acquires the status of a "holy grail".
The very thought there would be a "beyond" the dearly conquered understanding becomes unbearable and hence is being suppressed.
(Alias, Pegged act I)
The main reason for bitcoin's capture lies in the inability of people -especially hodlers- to accept the fact that money is not an entity separable from human activity.
The idea that money is some "stand alone thing" that could exist outside the reach of the state is mainly spread by influencers claiming to have seen the "Austrian light".