My fellow retards,
“In order to change an existing imagined order, we must first believe in an alternative imagined order.”
― Yuval Noah Harari, Sapiens: A Brief History of Humankind
Money is imagined.
A society forms a collective agreement on the medium of exchange—the present system is backed by force of threat. No one yet has been able to create a better version of this exchange instrument than one backed by the violence of nation states. Even if there is no gold or physical asset backing these paper instruments, the idea that a government will accept them as tribute payment is enough to create a value floor. For all of living memory, people have exchanged their time and hard assets for these little fiat tribute tokens.
How could one even begin to create a better version of this exchange instrument than the ubiquitous fiat currency?
Satoshi devised a way. They realized that the first move to beat the established game is to imagine an alternative. Practically nobody believed in his imagination early on—a few cypherpunks on the mailing list, but we’re talking a handful of the 7+ billion people on this earth. 13 years later, bitcoin still churns along. The miraculous shared imagination has captured new minds and spread far beyond the original hosts. It has done so because the people who used it realized it is a better system.
Phon/ongod sees that quality in Phonon. The current payment systems are tragically broken. With minimal exception, every individual who operates in modern society uses credit/debit cards tied to their identity. Their purchase history is known by the oppressive globohomo surveillance machine. Their financial life is mined for data that will be used to advance interests other than their own.
This needs to end.
The best way to do it is via p2p encrypted transfers that scales linearly with the number of participants. To use Phonon, all a consumer needs is one additional card in their wallet. With this new paradigm, each and every purchase is strictly between buyer and seller—there is nothing leaked to globohomo. Lattice1 and other compatible hardware will be the point of sale systems of the future.
Phonon is the scalable private payment network we need.
Join the shared imagination on the Phonon DAO discord.
Tips to phonongod.eth will be invested in bounties that advance the Phonon project.
Hatemail to phonongod@protonmail.com will be scathingly considered.
Targets for the marketcap of PHONON DAO remain:
$1b by Q2 2022, $12b by EOY.
On the high end, $300b marketcap in 3 years.