- Bitcoin with PoW and Nakamoto consensus is the first censorship resistant form of money.
- Yet, money is useful only as far as you can spend it on something useful.
- Most of the useful things in the world are sold currently only for fiat money.
- Fiat money is controlled by state that have exactly zero or even less interest in promoting censorship resistant money.
- Thus state agencies are intrinsically motivated to perform Choke Point operations on any on- and off-ramps from fiat to crypto. See https://en.wikipedia.org/wiki/Operation_Choke_Point for details.
- For the same reason, state agencies are motivated to spread FUD about crypto, increase exchange rate volatility, and introduce naked speculation instruments (e.g. cash-settled ETFs)
- This cannot be solved by a mere promotion of cryptocurrencies. Someone has to provide a high-demand scalable product or service.
- Yet, most business and business models require significant input in form of resources and/or services, which brings on/off ramp choke points vulnerability back again.
- Thus we need online native services sold only for crypto.
- But low margin online-native services (e.g. hosting) won't be enough since any possible savings due to crypto can be easily blocked by increased complexities of getting into crypto.
- This plagues most ICO products and services: they can't offer service with sufficiently high margin to do a tenfold overkill for the problems of getting into crypto.
- Thus, to convert people to use censorship resistant money, we have to offer a scalable, high margin, popular, and defensible service that would be available only for crypto.
- "Software is eating the world" Marc Andreessen said. But outsourced software development services usually are considered low margin high body count businesses. Only if you'd be able to replace or augment humans, you'd be able to create it in a scalable way.
- For the last 2 years, I've been working on DevNull.AI project to achieve this goal in practice.
- This post marks the end of the stealth period and announces the availability of a clear roadmap to the AI, developing software, that would help and even replace junior developers in teams.
- To achieve censorship resistance, it would run on Pandora Boxchain with some custom juice.
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