#skill versus #allocation based #valuation #systems by #arwil on #hash

#skill versus #allocation based #valuation #systems by #arwil on #hashnode

#law #government #regulation #fintech #corporate #blockchain #botnets #ai #ml

“I had a dream that i was on a road looking over a beach. An angel appeared out of stars in the sky. She looked sad and started to cry. The teardrops fell on the sandcastles i saw on the beach. The sandcastles melted away and flooded back into the ocean.”

People should be paid more for demonstrating skills, not for having more money. Safeguards are put in place to ensure plutocracies do not develop. Just because u have money does not mean ur instantly good at something, even if it is the thing that made u the money.

If a gambler earns a great sum on a given day, that does not make them good at gambling, It makes them lucky, and luck is usually as fleeting as leaves in the wind. Gambler must admit that they have a gambling problem and they or anyone else can easily lose that amount or more also.

If a thief manages to steal most of a queens money, this does not make him the new queen. It would be as absurd as saying that womanhood state of being implies or emerges from one having a great deal of money.

If such a man decided to take over the country anyway, and then loses a great amount of money himself, then does that make the person with the most money the new queen? Such a premise may seem idiotic and simple, but it is one that can lead to strifes, turmoil, upheaval, and civil war.

A man who has a great deal of money by whatever means spends his great deal of money to buy guns from another man, who thus loses these guns. In fact, the man who bought the guns now owes money to the man who loaned his guns away. Now what?

1 a cap on personal and corporate income and earnings. If in excess, amounts are due to the persons or corporations existing government of birth or incorporation.

2 corporate revenue must exceed by at least 1000 times the revenue of any ceo or stakeholder if in excess of 1 billion usd.

3 separation of corporate revenue and private or familial treasury revenue, even if a founder is a member of this treasury.

4 inheritance of ceo, stakeholder, or treasury member revenue follows competence and experience in said roles. Not family members. No more 19 year old bosses. Corporations are acquired by other corporations, for example, not by families.

5 a corporation must be within the bracket of 1000 times the revenue of any other acquisition AFTER the acquisition is complete. For example, if a company is worth 1 million, its acquisition cannot exceed 999 million, and if it acquires 999 million, cannot acquire corporations worth less than 1 billion or 999 billion usd.

6 federally run blockchains run by governments so people and corporations can have legal and federally regulated trade options. No blockchain separate from the government it is operating under can operate without that governments approval.

7 spam patrolling ai bot nets are mandatory for each social media platform and browser. They should be able to interact with the account user in each separate instance, and the bots in other user account instances, and other social media or browser apps. Clear distinctions should be made between bots, human users, and robot users, and botnets should be equipped with anti spam, spy, and mal ware rules.

8 the acknowledgment of the difference between a promotional body and a regulatory one.

9 the author is not liable for any damages incurred, and would not be able to cover any such damages anyway, the author is not a lawyer…

These rules are meant to introduce democratic protocols in private and corporate dealings, increase government oversight in private or foreign dealings, and eliminate monopoly and plutocracy present already in many giant industry corporations.