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Re:The Problem with Ethereum by yunohn on Wednesday August 11, 2021 @07:24AM (#28140641)
“Proof of Humanity, a system combining webs of trust, with reverse Turing tests, and dispute resolution to create a sybil-proof list of humans.”

This is their mission, and the rest of the website focuses on ID and such services. Not one mention of poverty alleviation.

Re:The Problem with Ethereum by NiloCK on Wednesday August 11, 2021 @08:06AM (#28140977)
The connection here is that sybil-proofing is a (the?) major bottleneck to cryptoeconomic UBI schemes.
Re:The Problem with Ethereum by yunohn on Wednesday August 11, 2021 @08:07AM (#28140986)
That’s like saying SSN (or other gov issued ID) solves poverty.
Re:The Problem with Ethereum by NiloCK on Thursday August 12, 2021 @10:14PM (#28164540)
Some people believe that government issued ID in conjunction with a government that implemented a UBI scheme would indeed improve poverty. Andrew Yang wrote a reasonable book about the idea.

sybil-proofing in blockchain systems opens the possibility for any person or community to take a shot at implementing UBI. Could someone succeed in creating a token that retains some level of value long term and also consistently tops up at some rate in everyone's wallet? Beats me. But sybil-proofing is absolutely blocking issue on that front.

Re:The Problem with Ethereum by lottin on Wednesday August 11, 2021 @10:18AM (#28142278)
Are you serious?
Re:The Problem with Ethereum by NiloCK on Thursday August 12, 2021 @10:19PM (#28164573)
I am serious that it is straightforward to create a token where everyone on earth gets X/day in a sybil proof system.

Making this token retain some sort of value is of course an entirely different problem, and I don't have strong opinions on whether someone might pull it off.

Re:The Problem with Ethereum by TigeriusKirk on Wednesday August 11, 2021 @12:52PM (#28144502)
Yes.