Since the creation of the Bitcoin Blockchain there have been countless comments on countless forms of media how this new paradigm will/can/may change the world, for better or worse. I couldn't possibly share all of the ideas I've read that I thought were good and well thought out. I do know that an idea in and of itself is just that, an idea. Unless it is worthy in the minds of those who can and do work together, in whatever capacity they can, to further such ideas toward reality.
All things begin with but a single thought. It's the follow through from that first thought and the continuous thinking and tinkering, along with trial and error, that furthers that one idea into reality. Admittedly many good ideas that become real things and actions have unintended consequences.
This is an exercise in what if. The starting point of almost all human accomplishments throughout history. Below I ask some what if questions of my own in the hopes of sharing this idea with fellow Steemians and creating a base of discussion (pro and con) as to how to go about accomplishing the goal mentioned in the title of this post.
These are 10 what if questions. I encourage you to read and share your thoughts on any question(s) you find interesting or might have some expertise in. I have no expertise in how to go ahead and make such a proposal reality. If I did I would already be working on it. However I do have a strong belief that there are many here at Steemit who also believe in the power of the blockchain and would like to see something similar become a reality.
1. What if all cryptocurrencies/blockchains created a command in their programming that took a percentage of all transactions with the purpose of forwarding to a single blockchain with the further purpose of creating a GCD (global charitable distribution)blockchain?
2. What if there was a choice, (or no choice) when paying a transfer fee, to automatically allocate a percentage of that transfer fee to the proposed GCD Blockchain? (this would be additional to any existing transfer fees)
3. What if there was a "dust" collector for various currencies that forwarded the accumulated dust on a regular basis? (quarterly...annually)
4. What if all currencies that use a "burn"or "null" mechanism for lowering the amount of "available coins on the market" (inflation) to forward a percentage (or all) to the proposed GCD Blockchain? (think of switching from inflation to goodwill and saturation of utility)
5. What if all cryptocurrency trading markets added a small percentage of their fees for active trading and automatically allocated the sum to the proposed GCD Blockchain? (my thinking here is full adoption is smaller percentage)
6. What if it was the norm for those most benefiting from the cryptosphere to contract a portion of all their profitable trades (in real time) to be forwarded to said charitable fund?
7. What if there was a crytpcurrency trading exchange platform that was to give profits above costs to the proposed GCD Blockchain?
8. What if all of these things became an automatic function of all trading exchanges, blockchains and all cryptocurrencies present and future?
9.What if dormant wallets of cryptocurrencies, after a predetermined amount of time (a decade or two), were forwarded to the GCD Blockchain? (pretty sure this one is a non starter but I'll leave it in for argument's sake)
10. What if some/all/other such proposals became reality? Would you be for or against them? Would you prefer it was automatically implemented or would you want to be able to control when to allow a small portion of your transaction to be forwarded to this proposed Global Charitable Distribution blockchain? What if you were not given a choice? (by that I mean it might be easier to insert a single directive to an existing algo and consensus decides for you...would you walk away from the cryptosphere over it?)
How hard would it be to create a blockchain with the sole purpose of in-taking various cryptocurrencies then converting said currencies into a few selected currencies for redistribution toward charitable actions? I don't know the technical difficulties involved. That's why I ask.
As to managing such a charity centrist blockchain, and all that this would entail, it would need to be a
collaboration of experienced individuals worldwide. Feet on the ground to ensure the funds are used for what they are meant to. Abusers would be blacklisted. But that's not what this post is about. This post is about ascertaining if some, or all, of these what ifs are actually doable.
While I have your attention let me say a little about my intent with this by asking a Why not question.
Charities have taken a lot of direct hits over the decades and have been looked at with ever growing suspicion. Arguably for good reasons. The cryptosphere is a unique opportunity to integrate altruism in a way that carries full and immutable transparency from following the money and the people handling it to recipients of funds, and the suppliers who accept a given cryptocurrency as payment in full with documents and contracts on the blockchain. No anonymous entities, and only fully vetted individuals involved in operating the various directives of a single, legal and tax free charitable foundation. (think the oh the horror World Bank) Why not? I only put this why not into this post to show how big this ideal is...or might become.
Thanks for taking the time to entertain these thoughts. I look forward to discussing these possibilities with the Steemit community.
If you feel this is something some of your own followers would be interested in I would appreciate your resteeming it.
Keep on Steem'n on!
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