Posts

Mandatory law/bill tracking in github-like site from inception, including full attribution. #bigidea

Obviously, Congress is not writing most of the bills that become law.  The people have little way to find out what special interests are writing them, sometimes in the thousands of pages.

We can look into a project on github and see exactly who introduced every change to a project, when they introduced it and how big each change was.  So why are we not mandating the same for the evolution of laws, all the way from inception through bill on to being signed as law?

On github alone, over 24 million people from more than 200 countries engaged in projects across more than 25 million repositories.  It's hard to fathom that governments do not mandate similar transparency of law creation, down to every single change made.  And with full attribution; changes are not to be signed off only by some proxy, but all involved parties need to be attributed for every single contribution they make.  In other words, one could not combine a big swath of changes from many parties and check it in by one…

Syndicated food lab-testing network. #bigidea

How do we as consumers truly know what's in the food we eat?  The bad news is that we really don't know.  Weak standards such as 'organic' are more about practices than what's actually lurking in our food.  And at that, consumers are still at the mercy of the honesty of the entire supply chain.

What if there were a way for much of our food supply to be lab tested, on a periodic basis?  Certainly, lab testing is too expensive and unscalable for any one person to test food products that they care about.  But if interested parties syndicate via a lab-testing network, then cost and scalability become more tenable.  This could be done at any level, from testing mass produced items at large grocery stores, to products at local farmers' markets.

To sketch out how the concept would work, imagine that an online site allows users to sign up and donate a small amount per month, akin to Patreon.  Users then suggest products to test, perhaps by UPC code scans (mass produced…

Shortener for video & audio, crowdsourced style; the social media tool we don't have. #bigidea

How may podcasts or videos have you consumed, where you were thinking there were only a few minutes of truly interesting content?  Why do we not have a tool or service which condenses a one-hour piece into those few minutes?

We are collectively wasting an astronomical amount of time, wading through filler, rambling conversations, technical issues and sometimes pure nonsense.  And yet all it would take to solve this, is for a small percentage of content consumers to mark interesting bits of video & audio.  We can crowdsource this, potentially in a service which can span many of the content platforms (Real.Video, DTube, YouTube, SoundCloud, etc.)  The service would allow active participants to mark/tag interesting sections of content (e.g. 4:50..5:35, 8:10..8:48) and enter that meta information into the database along with the URL/identifier for the related content.  Passive participants then use the service to play or download content which is shortened by the clip information in t…

Beyond the Bitcoin Trap: a Crypto Currency for Human 2.0 (new Kindle Short just published)

My new Kindle Short ebook, Beyond the Bitcoin Trap: a Crypto Currency for Human 2.0, is now published. Bitcoin and other contemporary cryptocurrencies effectively have centralized currency creation and are scarcity-based.  Thus they create negative-sum economics (characterized by conflict, war, poverty, genocide, etc.)  Despite the rhetoric, Bitcoin and the rest are little more than the old currency system in digital drag.  As in all technological trends, a crop of nouveau riche are created.  Thereafter, people in poverty and people born into the system after cryptocurrency prices have matured are in the same situation as before.  What have we really accomplished?  What currency will take us through the Age of Automation, as swaths of current occupations become irrelevant?

This ebook, designed to be readable in one sitting, outlines the failed currency and cryptocurrency systems we have and explains the high-level view of a cryptocurrency model characterized by truly decentralized cur…

A crypto-currency for crowdfunding and emerging socio-economic models

All current crypto-currencies are inherently broken by design. Every single one of them. The popularity and news flow surrounding them is encouraging, indicating an awareness that the old currency systems have failed us. But it’s time to move on, before we get stuck in many of the same pitfalls from the old system. And frankly the most popular crypto out there, bitcoin, is already beyond stuck in yesterday’s mentality. The others attempt to ‘fix’ some of bitcoin’s shortcomings, but then end up replicating key issues in the old currency paradigm.

Unlocking the global trillion-dollar crowdfunding market

Now here is the one percent you do want to hear about!

The world is on the precipice of creating a trillion-dollar crowdfunding market. In Australia, the ASSOB has offered a crowdfunding investment portal since 2005. In the UK, equity crowdfunding is already in progress, with investment platforms such as Crowdcube andSeedups. And in the Netherlands, crowdfunding is ramping up with Symbid.

The crowdfunding components of the American JOBS Act and the Italian Decreto Crescita are now in the process of finalizing the attendant regulation before securities crowdfunding goes live.  Industry associations are popping up everywhere, including in IndiaEuropeCanada, and the U.S. (CFIRACfPA).

If you want to get an idea where things are headed, look at the travel list of the leading crowdfunding advisory team, Crowfund Capital Advisors. Recently, they’ve visited Colombia, Canada, Mexico, Italy, Turkey, Sweden, and Dubai, with upcoming visits to Singapore, Malaysia, Hong Kong, and …

2nd Edition of The Crowdfunding Revolution available!

Two years from our self-published 1st Edition, we are excited to announce the launch of the 2nd Edition of The Crowdfunding Revolution with our publisher, McGraw-Hill!

It's been quite a journey that's taken us so many places, from the blogosphere to the White House.  This is a book, wrought not just from our hearts & souls, but from the synthesis of a wide spectrum of research across many disciplines, such as sociology, venture finance, economics, entrepreneurism, and social networking.  And as much so, from our interactions with leaders, users, researchers and political figures active throughout the crowdfunding space.