kman2140

bitcoin

The Ultimate Bitcoin Argument

Education

AI schools making legacy school obsolete.

Yeah completely agree with this! nice one

That's a cool idea... V4V AI teachers.

totally down with that!

Yeah you totally get it... AI gives students more time to do more human things.

The immidate fear reaction to the mention of AI screams luddite to me.

nah, that one is: https://www.synthesis.com/tutor

Michael Saylor's $40bn bitcoin bet | Financial Times  Film

Coinsreporter

This is the #1 unintentional comedy of the year! :D

Rumble's bitcoin wallet to launch in Q3 of 2025 (and will compete with coinbase)

k00b

Politics_And_Law

Raising the Bar for Public Office: Proving Intelligence Through Asymmetric Keys

updates: https://habla.news/a/naddr1qvzqqqr4gupzpsfl6wqsk2scwf5g6c0q5zxkwtw06nslqx4d6942xf9h7z6xydh2qqxnzde5xsmn2wfkxs6ngv3hv89gj0

![](https://m.stacker.news/87356)



In a time of political volatility and declining public trust, Australians are looking for leaders who don’t just talk about accountability—but *prove it*. It’s time for a new standard. A protocol that filters for competence, responsibility, and integrity—**not popularity alone**.

**Here’s the idea:**  
Anyone who wants to run for public office in Australia must stake **1 millibitcoin (1 mBTC)** to a public address and maintain provable control of the corresponding private key for the duration of their term.

---

## A Low Barrier With High Signal

The amount—1 mBTC—is modest, but meaningful. It isn’t about wealth or exclusion. It’s about **signal**. Controlling a private key takes care, discipline, and a basic understanding of digital responsibility.

This protocol doesn't reward those with the most resources, but those who demonstrate the foresight and competence required to secure and maintain something valuable—just like the responsibilities of public office.

---

## How It Works

This system is elegantly simple:

1. **To nominate**, a candidate generates a keypair and deposits 1 mBTC into the associated address.
2. They publish the **public key** alongside their candidate profile—on the electoral roll, campaign site, or an independent registry.
3. **Throughout their time in office**, they sign periodic messages—perhaps quarterly—to prove they still control the private key.

Anyone, at any time, can verify this control. It’s public, permissionless, and incorruptible.

---

## Why This Matters

Private key management is more than technical—it’s symbolic. It reflects:

- **Responsibility** – Losing your key means losing your ability to prove you’re still accountable.  
- **Integrity** – Key control is binary. Either you can sign or you can’t.  
- **Long-term thinking** – Good key management mirrors the strategic thinking we expect from leaders.

This isn’t about promises. It’s about **proof**. It moves trust from words to cryptographic reality.

---

## A Voluntary Standard—for Now

This doesn’t require legislative change. It can begin as a **voluntary protocol**, adopted by those who want to lead with integrity. The tools already exist. The expectations can evolve from the ground up.

And as this becomes the norm, it sets a powerful precedent:  
> *"If you can’t manage a private key, should you be trusted to manage public resources or national infrastructure?"*

---

## Identity Without Surveillance

By linking a public key to a candidate’s public identity, we create a form of **digital accountability** that doesn’t rely on central databases or invasive oversight. It’s decentralized, simple, and tamper-proof.

No backdoors. No bureaucracy. Just Bitcoin, and the competence to manage it.

---

**Bitcoin is the foundation. Asymmetric encryption is the filter.**  
The result? A new class of public leaders—**proven, not promised**.

**Let’s raise the standard.**


econ

Why don’t we teach children the fundamentals of money?

https://consensus21.school/

https://github.com/consensus21school/consensus21school.github.io/blob/main/whitepaper.md

Building a Physical Bitcoin School! - Consensus21.School

AskSN

What would you like to accomplish before the year is over?

Aardvark

Building my own Bitcoin school. 

Consensus21.school 


Need all the help we can get 🙂

What are some solid alternatives to college/university?

Signal312

Yup I'm currently building a campus in Australia - on the Mornington Peninsula.

We're limiting to 21 students for the pilot program.

What's your favorite charity to donate to?

What's the best financial advice you ever got?

# A New Model for Political Accountability in Australia: Leveraging Bitcoin-Based Governance  

## Introduction  

Australia’s democratic system is well-established, but like many Western democracies, it faces significant challenges—voter disengagement, political corruption, and a lack of transparency in candidate selection. A radical yet practical solution could be found by integrating Bitcoin-based mechanisms into the electoral process.  

By removing mandatory voting and implementing a system where every political candidate must secure a public-private key pair using asymmetric encryption—alongside a deposit of 1 milliBitcoin (mBTC)—we could revolutionise political accountability, fraud prevention, and candidate quality. This approach would create a robust, transparent system that ensures only serious, competent, and technologically literate individuals can run for office.  

## The Mechanics of the System  

### 1. **Asymmetric Encryption as a Digital Identity Standard**  
Every person who wants to run for political office in Australia—whether local, state, or federal—must generate a public-private key pair. This cryptographic pair serves as their unique digital signature and is permanently linked to their candidacy.  

### 2. **1 mBTC as a Commitment Stake**  
Candidates must deposit 1 mBTC (0.001 BTC) into the public key associated with their identity. This stake functions as a proof of commitment, ensuring that only those who take their political aspirations seriously can enter the race. If the Bitcoin moves, is lost, or the private key is compromised, the candidate is automatically disqualified.  

### 3. **100 Points of ID Verification**  
To ensure legitimacy, each candidate’s public key is tied to their real-world identity through the 100-point identification system, a widely used standard in Australia. This guarantees that fraudulent or duplicate candidacies are prevented while maintaining a transparent record of all political hopefuls.  

## The Benefits of This Approach  

### 1. **Ensuring the Smartest, Most Capable Candidates**  
By requiring candidates to interact with asymmetric encryption and Bitcoin-based systems, the process naturally selects individuals with at least a fundamental understanding of cryptographic security and decentralised finance. This creates a filter where technologically competent, forward-thinking candidates—those capable of adapting to the digital economy—are more likely to enter the political arena.  

### 2. **Eliminating Political Fraud and Corruption**  
One of the biggest challenges in modern politics is the ability of bad actors to manipulate the system through fake identities, hidden donations, or fraudulent practices. By tying candidacy to an immutable Bitcoin address and a transparent ID verification system, fraudulent candidates would find it nearly impossible to enter the system undetected.  

### 3. **Reducing Political Apathy and Enhancing Engagement**  
Removing mandatory voting in Australia would mean that only those genuinely interested in participating in the democratic process will do so. Combined with a system that ensures high-quality candidates, this could lead to a more engaged electorate that votes based on informed decisions rather than obligation.  

### 4. **A Self-Regulating System**  
The requirement for candidates to maintain control of their private key ensures ongoing accountability. If a candidate loses their private key, they are automatically removed from eligibility—an elegant solution that prevents incompetence from entering public office. Additionally, since Bitcoin transactions are public, voters and regulators can track a candidate’s financial integrity in real time.  

### 5. **International Recognition and Global Talent Attraction**  
If Australia were to pioneer this Bitcoin-based electoral process, it could position itself as a global leader in political innovation. The system would attract the best and brightest minds—both domestically and internationally—who see Australia as a country willing to embrace cutting-edge governance models.  

## Conclusion  

By integrating asymmetric encryption and Bitcoin-based principles into the electoral system, Australia could create a paradigm shift in how candidates are selected and held accountable. This model removes political gatekeeping, mitigates fraud, and ensures that only highly competent individuals can run for office. If adopted, it could mark the beginning of a new era of transparent, decentralised governance—one where the integrity of democracy is secured not by trust, but by cryptographic proof.  

Would Australia be ready for such a shift? That’s a question for the nation’s policymakers, technologists, and citizens to explore.

A New Model for Political Accountability in Australia

Consensus21: whitepaper feedback

updates:
https://github.com/consensus21school/consensus21school.github.io/blob/main/whitepaper.md

I'm building my own school! :D - feedback on whitepaper much appreciated!

https://consensus21.school/brainstrust.html - for anyone interested in joining the school brains trust.