What if your $1 donation could result in a $100 contribution to a cause you believe in? That's the promise of quadratic funding: a …
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What if your $1 donation could result in a $100 contribution to a cause you believe in? That's the promise of quadratic funding: a …
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28 comments
He likes math. Thats it.
This is bullshit hahaha
So this is how the homeless guy in front of my house stays drunk every day with just 5 bucks a week from me … 🤔
Wait a minute.
If I'm a wealthy funder/donor and I want the most funds to go to what I'm putting my money toward, why wouldn't I just divide it into proxy donors? Instead of me putting in $10, I split it up to 10 staffers and get them to contribute $1 each to the same project. Or 10 cents divided among 100 staffers or proxies.
You'd need some sort of way to discover and measure the independence of each donor from every other donor.
A big circle of money-lenders parasiting on each other think they are producers. That, is the flop of capitalism.
Just another charity or form of begging.
504 Smith Row
Lucid voice 💖✨
🎯💎🏆 Great insightful & fruitful video 🏆💎🎯
लोकः समस्ताः सुखिनो भवन्तु
( May all beings lead prosperous life across Globe 🌍 )
So they inventet crowd communism
Socialism formulated. Avoid.
Listen to the language.
Great to see so many crypto bros becoming crypto knights!
QF combined with PWYW has the power to transform the economy!
Less complex words please
Where is the matching money coming from? What happens when the matching money runs out?
Okay so what is the incentive to give donations if you cant decide what it is being spent on?
Can the big donor just donate so hundreds of times?
I'm so happy I made productive decisions about my finances that changed my life forever. I'm a single mother living in Birmingham uk, bought my second house in August and hoping to retire next year at 41 if things keep going smoothly for me..
This is just socialism hidden in math. Not even good math, but fool some people. He is just a scam like most "crypto bro". Don't smoke and do math. How did he get invited to TED?
Donations must be ideology based and not equality based.
Sounds like communist propaganda, but okay.
Digital pyramiding
Quadratic financing is called money creation by the banks (or hyperinflation)
0:49 hey, it’s fantastic🎉
Hi❤
Knowing the formula, donors will tend to anonymize and fragment contributions. That cancels the motivation for many "philanthropists" who donate to virtue signal or put their name on a building.
In summary, the quadratic funding is in between the democratic voting system (each vote has the same power, regardless how much money the voter has) and the standard crowd funding system (where more money means more power, regardless how many voters)
I'm retired at 27, went from Grass to Grace. This here reminds me of my transformation from a nobody to good home, honest wife, $35k biweekly and a good daughter full of ❤️ I’m forever grateful Rose M Elaine
Ducet math and poor directional assumptions to drive your financed wealth distribution to finance your dreams is grift…
This is cool because it hides compelled chatity..