end world hunger coin - page 2. | Bitcointalksearch.org

FuzzyBear

legendary

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Quote from: Palmdetroit on January 18, 2013, 03:43:51 PM

and if there was no hunger the population would increase so fast we all would die.

sux don't it

Nah we just need to cross breed more animal to be human predators in that case... I live by the sea and I still watch out each day for a flock of these to come tearing in across the horizon

so if there is no need for a charity coin to end world hunger... is there any way that a coin could be adapted like the namecoin for such purposes as distribution, entitlement and evaluation of food supply?

Palmdetroit

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PHS 50% PoS - Stop mining start minting

and if there was no hunger the population would increase so fast we all would die.

sux don't it

crazy_rabbit

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RUM AND CARROTS: A PIRATE LIFE FOR ME

The thing is of course is that the aid is actually the problem. The world produces enough food to feed itself, it just wastes most of it, burns a good deal of it (as biofuel) and trade inequality prevents it from going to where it needs to go. I think just about every major famine of the 20th century was the biproduct of poor malevolent human decisions. The vast majority of 20th century famine was done purposefully.

World hunger could be solved tomorrow if there was the political will to do so. We don't need a charity coin.

FuzzyBear

legendary

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I was thinking the same wormbog but rather than world hunger ending.. a World Health Service Coin

Bitinvestor

sr. member

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Go for it! Freicoin is totally retarded for so many reasons but your idea might actually work. The coin should be run not by a foundation but by a registered charity with books that can be audited. I would certainly be interested.

wormbog

hero member

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Merit: 500

What if there was a coin that could actually help end world hunger?

I've been thinking about the various alt-coins and their shortcomings. Personally I really like the idea of Freicoin, but the launch before there was any infrastructure, and the huge percentage going to a foundation with no clear leadership or goals is a killer flaw IMHO.

So - what if there was a duplicate of Freicoin that existed for the purpose of ending world hunger? The new coin would give 50% of newly minted coins to a foundation, but instead of waiting for people to write proposals, it would use that money to buy food for the homeless and starving worldwide.

It would keep the concept of 5% demurrage, and send 50% of mined coins to the foundation forever. The foundation would spend their share on food and provide regular reports to the community showing how the money was spent.

Suddenly demurrage doesn't look so bad. If you've got a bunch of FRC sitting around, you'll at least know that 50% of everything you lose is going directly to feed the hungry, and the rest goes to the miners who keep the network secure.

Banks who felt threatened by the new coin would have a strong incentive to leave it alone, as attacking it would be akin to attacking a charity - a PR nightmare.

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