I liked very much the idea of Seeds 1.0 when you give money to people for regenerative action.
I did not understand why we stopped Seeds 1.0 without a vote ?!
To get value a currency need 100,000 – 10 million users, so I don’t think a local currency for an ecovillage with 100 or 300 people can ever get any value. So I don’t believe in rainbow Seeds
A stable coin is somewhat an illusion where you think that live will be stable and you will be happy forever. But everything as a cycle, money and happiness come and go. I think you better look for who you really are rather than for a stable coin.
Launching a stable coin requests 10-100 million $ to back up your currency. I don’t think Hypha or SEEDS is big enough to launch a stable coin.
Seeds 1.0 had a big governance problem, some individuals has the power to raise the sales price or to stop the increase of the sale price. Or to change the voting thresholds. SEEDS is not decentralized at all, at the moment.
I am not sure that decentralization is the solution, decentralization request so much time to get consensus on a topic.
I hope I am wrong and that the tokenomics working group is right, we really need a better economic system.
I will continue to help if I can, but most of my proposals for the last 2 years has been put aside.
/created/hive-155462
A currency based on the production of renewable energy is probably the best solution today.
https://docs.google.com/document/d/1_sbdu7Klq3xRrhcbDGwOzQ0kQ-42T4kDpBODd_DGgR4/edit
https://docs.google.com/document/d/1t31b19d6FVA6_20uiH2xGk0KlaXa1WPMTm_gh_yVt9c/edit