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Funding the Commons
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Perpetual Archives as a Public Good

Sun, Jul 16, 2023, 08:50 AM · 30:00

In this video, the speaker emphasizes the importance of preserving and supporting public goods in the crypto field. They discuss the risks and consequences when public goods disappear and draw analogies between the blockchain and wind-powered devices called Strandbeasts. The speaker highlights the need for long-term preservation and interpretation of data, using examples such as the Code of Hammurabi and Flickr.org. They explore various funding methods for public goods, including traditional funding, financial instruments in the Web3 crypto space, and on-chain incentives. The challenges of preserving data and computation complexity over a millennium are discussed, along with proposed solutions like bootstrappable builds and simplified computation systems. The video encourages viewers to contribute to building a sustainable system for perpetual funding of public goods to preserve our civilization for future generations.

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