Proof of Humanity with Santi Siri | GreenPill #3
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----- Santi Siri - GreenPill #2
Santiago Siri—or santi.eth on Twitter—is building UBI on Ethereum through Proof of Humanity, the "sybil resistant protocol for formalizing human identity on the blockchain" that launched in March 2021.
Santi is a relentless source of optimism and innovation, embodying the phenomenon of Latin American crypto development. Santi comes from Argentina, a country with a rich history of culture, inflation, corruption, and resilience.
Reflecting on his tour through Buenos Aires with Vitalik Buterin, Santi explores the circumstances and possible futures we can build with regenerative cryptoeconomics.
Solving sybil resistance and building elegant mechanisms for UBI are massive pillars for human thriving as we seek to carve out 21st century institutions -- and Santi is helping to lead the way.
Take the Green Pill, anon.
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💳 LEDGER | THE CRYPTO LIFE CARD https://bankless.cc/Ledger
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------ Topics Covered:
0:00 Intro 3:00 Proof of Humanity 7:05 UBI 12:06 The Goals & Implementation 17:32 Buenos Aires & Vitalik 22:50 Argentine Legitimacy 28:00 Optimism & Validation 34:08 A Symbiotic Culture 38:24 Closing
------ Resources:
Santiago on Twitter https://twitter.com/santisiri?s=20 Proof of Humanity https://twitter.com/proofofhumanity?s=20 Democracy.Earth https://democracy.earth/
Kevin on Twitter: https://twitter.com/owocki?s=20&t=A1yy1WYtQlNAOiSxXtGuNQ
----- Music by WABI SABI - snowflake - https://thmatc.co/?l=7786B012
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
Santiago Siri | Layer Zero
Santiago Siri—or santi.eth on Twitter—is building Universal Basic Income on Ethereum through Proof of Humanity, the project he co-founded. As a community leader in the Ethereum space, Santi comes from Argentina, a country with a rich history of culture, inflation, corruption, resilience, and now… crypto.
Recently touring Argentina with Vitalik, Santi reveals fascinating anecdotes from their travels and exemplifies how Argentina is ripe for a crypto revolution. An internet native country with a catastrophic economic past, Argentina is a perfect breeding ground for crypto innovation and adoption.
Santi tells the story of Argentina from the second half of the 20th century to today’s landscape, and explains why he’s optimistic that a history of corruption and capital control can blossom into a brighter society with the growth of crypto.
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💳 LEDGER | THE CRYPTO LIFE CARD https://bankless.cc/Ledger
🧙♂️ ALCHEMIX | SELF REPAYING LOANS https://bankless.cc/Alchemix
🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants
------ Topics Covered:
0:00 Intro 5:00 What Santi Cares About 9:43 Growing Up in Argentina 17:30 Inflation & Cascading Events 30:50 The Argentine Culture 39:50 The Crypto Bounce 53:00 Swinging into Collectivism 1:04:38 Vitalik 1:10:20 Argentine Crypto Utility 1:18:54 Proof of Humanity & UBI 1:34:08 Why Optimistic? 1:39:24 Closing
------ Resources:
Santiago on Twitter https://twitter.com/santisiri?s=20 Proof of Humanity https://twitter.com/proofofhumanity?s=20 Democracy.Earth https://democracy.earth/
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
"Identity is The One Vulnerability Being Exploited Across All Systems. It’s the Mother of All Battles:" Santiago Siri
In this week’s podcast we interview Santiago Siri, who has been working on improving the way democracy works for over a decade. He started from the inside, co-founding a political party in Argentina, his home country, but realized traditional politics would change him before he could change politics. So he started building better representation for the new world and founded Democracy Earth Foundation. It’s worth noting, that he’s been hacked by communists two times in the process.
Big thanks to our sponsors:
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Aave, an open source and non-custodial liquidity protocol where users can earn interest on deposits and borrow assets
Democracy in the Age of Cryptography - Ep.159
Santiago Siri, the cofounder and president of Democracy Earth, reads from his essay on how governance and identity change in the age of cryptography.
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How Blockchains Can Help Create Little Democracies Everywhere - Ep.108
Glen Weyl, a political economist and social technologist, the coauthor of Radical Markets and a principal researcher at Microsoft, and Santiago Siri, the founder of Democracy Earth, discuss how blockchains can be used to create borderless democracies that can reach any citizen on earth and can be used not just by nation-states but in all kinds of communities such as the workplace, church or a social network like Facebook. We cover concepts such as quadratic finance and quadratic voting, and look at how forcing voters to have a budget for their votes changes voting behavior. We also dive into what needs to be put in place for blockchain-based voting systems to work, why identity solutions are crucial but also so hard to get right, and how we can prevent token-based governance systems from becoming plutocracies. Plus, we surmise that blockchain-based governance might be the 21st century political experiment and that someday, we may all be citizens of multiple communities.
Thank you to our sponsors!
CipherTrace: http://ciphertrace.com/unchained
Microsoft: https://twitter.com/MSFTBlockchain and https://aka.ms/unchained
Episode links:
Democracy Earth: https://www.democracy.earth
Santiago Siri: https://twitter.com/santisiri
Radical Xchange: https://twitter.com/RadxChange
Glen Weyl: https://twitter.com/glenweyl
Radical Xchange conference in March: radicalxchange.org
Radical Markets: https://press.princeton.edu/titles/11222.html
Democracy Earth white paper: https://www.dropbox.com/s/sifogl4zimwkkei/Democracy%20Earth%20-%20Social%20Smart%20Contract%20-%20Paper%20v0.2.pdf?dl=0
Democracy Earth cofounder Pia Mancini on early work with digital democracy: https://www.ted.com/talks/pia_mancini_how_to_upgrade_democracy_for_the_internet_era?language=en
Santi on how blockchains could revolutionize democracy: https://www.youtube.com/watch?v=UajbQTHnTfM
Wired article on Democracy Earth: https://www.wired.com/story/santiago-siri-radical-plan-for-blockchain-voting/
CoinDesk feature on Glen Weyl: https://www.coindesk.com/coindesk-most-influential-blockchain-2018-glen-weyl
Vitalik Buterin blog post on Radical Markets: https://vitalik.ca/general/2018/04/20/radical_markets.html
Paper by Vitalik, Zoe Hitzig and Glen on quadratic financing: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3243656
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