Added bonus: when there is energy around sidestepping bad policy that is another sign to legislators that the policy should indeed be changed.
Um, been done. Its called “The Bail Project”. [0]
This crypto-mining project is just a fundraising project (not the only one) for the Bail Project.
> I just don't think this is a particularly good solution.
It's not a solution to the bail problem, it's just an added funding channel for something that aims to be (part of) that solution.
I understand from an engineering perspective this has a cost but the idea is clearly to find a way to get more people to donate to a worthy cause.
https://bailbloc.thenewinquiry.com/about.html
If it used Bitcoin it would clearly be absurd because CPUs are useless for mining.
I don't pay enough attention to cybercoins to understand how worthwhile it will be to mine Monero.
> We also compute a new XMR-to-USD price, modeled as a random walk (a monthly change is uniformly random on the interval [-5%, 5%]). For each miner, we also sample the XMR mined (directly as its estimated USD value) uniformly randomly from the interval [$1, $4]. This mined USD is added to the bail fund
Makes me wonder if they understand the volatility of cryptocurrency.
This is just so fucking absurd. The problem with bail is not a technological one, its a legislative one. I think Kamala Harris has taken the right steps and publicly stated how absurd it is that we jail so many fellow citizens for being poor (or unable to furnish bail money).
Overpromised technology hurts the people who try to use it but also erodes trust in technologists. I can't believe this has survived the smell test. If I missed something, please do let me know.