Blockchain and Altruism
from BlockchainGandalf Hosted by Keir Finlow-Bates
Blockchain projects devoted to charity have a problem, in that the underlying mechanism that drives blockchains is 'financial' incentivization. Mind you, a lot of conventionally funded charity projects suffer from similar problems. Don't get me wrong - my preference would be for us to interact and transact as human beings and social beings, rather than as market actors using the price system, but I'm not seeing much of that in the crypto space. Though to be fair, most of us only return empty bottles and shopping trolleys with that little extra incentive of getting some money back. Blockchain charity projects also suffer due to the number of ineffective or even dishonest projects using the "charity" badge to try to attract more users. More on these issues in the episode.
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