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Overthrowing Corrupt Democracy with Algorithms
Published On: April 17, 2023 08:35 AM NPT By: Bimal Pratap Shah
As we delve deeper into the era of artificial intelligence (AI), it has become evident that its transformative power knows no bounds. From revolutionizing our daily lives to reshaping entire societal and political systems, the potential of AI is awe-inspiring. While the idea of replacing politicians with AI may appear implausible to some, it's worth considering given the shortcomings of the current political landscape.
Challenging the Primate Dominance Hierarchy
Published On: April 2, 2023 09:00 AM NPT By: Bimal Pratap Shah
Sadhguru consecrated the Linga Bhairavi Devi in Kathmandu on March 7, 2023, through a mystical process that transforms stone into a deity using life energies. The Linga Bhairavi Devi is a very fierce feminine force and expression of the ‘Divine Feminine’ strengthening the three basic chakras in the human system, stabilizing the body, mind, and energy.
Ethereum's Ideological Battle with Communism
Published On: March 9, 2023 07:30 AM NPT By: Bimal Pratap Shah
If humans cannot be trusted to do what's best for them, why not pass the responsibility onto something that could - an AI? According to a recent survey conducted by IE University in Madrid, approximately 30 percent of the 25,000 people surveyed said they would be willing to be governed by AI. One of the main reasons for this line of thinking is that people have simply lost faith in their political leaders and believe that machines would be able to make better, fairer, and more rational decisions that would benefit everyone.
Brave New World
Published On: January 4, 2023 08:06 AM NPT By: Bimal Pratap Shah
I asked ChatGPT to write an 800-word essay on corruption in Nepal. The platform wrote the essay in less than a minute!
Ethereum’s Political Ideology
Published On: November 28, 2022 04:49 PM NPT By: Bimal Pratap Shah
Nepal should also replace representative democracy with direct democracy. Until then, we have to keep electing young and competent politicians in the general elections. It is always good to see Millennials sweeping into public offices.
Gross Metaverse Product: Moving Beyond GDP
Published On: October 26, 2022 07:45 AM NPT By: Bimal Pratap Shah
The metaverse is an emerging space that will break platform boundaries bringing together siloed ecosystems into a decentralized world. The metaverse is expected to have 5 billion users by 2030 providing an economic opportunity worth 13 trillion US dollars.
Deficit of Pro-Bitcoin Political Leadership
Published On: October 8, 2022 07:36 AM NPT By: Bimal Pratap Shah
Instead of getting influenced by the political ideology fit for the 18th century, Nepal should legalize crypto, come up with innovation-friendly crypto policies/ laws, and create a special digital economic zone for Bitcoin and other blockchain innovations to create business and employment opportunities in the country. Nepal cannot ban cryptos forever because the IMF has already called on financial regulators around the world to come together to develop a “global regulatory framework” for crypto assets.
Austrian Economics: The Theoretical Roots of Bitcoin
Published On: September 24, 2022 06:30 AM NPT By: Bimal Pratap Shah
Bitcoin is banned in many fascist countries even though it is a radical idea based on a sound economic theory. Many economists from the Austrian School had imagined money that is independent of the State long before Bitcoin came into existence.
Libertarian Municipalism: A Township Rebellion
Published On: September 1, 2022 07:45 AM NPT By: Bimal Pratap Shah
According to many senior Nepali economists, if the government is not able to correct the real estate prices, the economy will have to brace for difficulties in the future. This unfortunate state of the economy gives Nepal an even bigger reason to embrace libertarian municipalism. The beauty of libertarian municipalism is that it proposes the land and bureaucracy be placed increasingly in the custody of the community.
Viva La Bitcoin
Published On: August 4, 2022 06:54 AM NPT By: Bimal Pratap Shah
Bitcoin is banned in Nepal because it is misunderstood. Maybe, it got more attention as a ticket to get rich quickly or even many confused it for a Ponzi scheme where innocent investors lose their life savings. Bitcoin, however, is based on a sound economic theory and can teach us a thing or two about organizing civilization for the digital age.
Bitcoin Satori
Published On: July 14, 2022 06:45 AM NPT By: Bimal Pratap Shah
Bitcoin is indeed getting more than required attention as a currency or as a ticket to getting rich quickly, but at its core, it is a disruptive idea that has catalyzed a renaissance of thinking, creativity, science, art, exploration, and philosophy to name a few. More importantly, Bitcoin is an open-source, open standard, open network, and above all, an answer to the tragedy of the commons.
American Crypto Bill: Staying Ahead of the Curve
Published On: June 22, 2022 06:30 AM NPT By: Bimal Pratap Shah
The United States (US) released a well-timed comprehensive bipartisan cryptocurrency (crypto) bill on 7th June 2022. What will be the future of crypto in the US and what can Nepal learn from the US?
The New Zeitgeist: Bitcoin and Flatpack Democracy
Published On: June 6, 2022 12:15 PM NPT By: Bimal Pratap Shah
The fact that politically unaffiliated dynamic young candidates like Balen Shah and Harkaraj Sampang Rai were elected as the mayors of two big cities of Nepal shows a new local political movement has arrived in Nepal as well. This type of political movement is known as Flatpack Democracy - a small-scale revolution that is bringing real change to local politics. Citizens are reclaiming their respective cities from political parties.
The World is Watching How America Regulates Cryptocurrencies
Published On: May 23, 2022 12:00 PM NPT By: Bimal Pratap Shah
The US is taking a liberal approach toward cryptocurrencies. On 9th March 2022, President Joe Biden put out an executive order calling on the government to examine the risks of crypto assets to protect US-based people and businesses interacting with virtual digital assets, abolish illegal crypto activity, and explore the possibility of creating a Central Bank Digital Currency.
Bitcoin, Techno Sapiens, and Blockchain Democracy
Published On: May 10, 2022 02:22 PM NPT By: Bimal Pratap Shah
Nations are not permanent and tend to collapse if positive political goods are not delivered to citizens. Nepal is moving in this direction.
BitGorkha: A Decentralized Cryptocountry
Published On: February 16, 2022 06:30 AM NPT By: Bimal Pratap Shah
Nepal Rastra Bank recently released a directive banning any investment in or transactions of cryptocurrency to curtail fraud and illegal outflow of domestic capital. This is a regressive move on the central bank’s part because banning cryptocurrency is like choosing to opt out of something that will inevitably become part of our daily lives.
A Cyber-Libertarian View on Monarchy
Published On: January 26, 2022 06:30 AM NPT By: Bimal Pratap Shah
What will happen if the AI governance setup of the future feels a monarchy in a democratic setup is preferable to the anarchy created by dysfunctional democracy?
Direct Democracy Metaverse
Published On: December 20, 2021 06:30 AM NPT By: Bimal Pratap Shah
The only way society as a whole will benefit is when the metaverse can be used for direct democracy that somewhat replaces parliament as it is today.
Democratic Recession in Nepal
Published On: November 20, 2021 06:30 AM NPT By: Bimal Pratap Shah
There are mainly two types of democratic systems: direct democracy and representative democracy. In a direct democracy, people are allowed to vote directly on issues while in a representative democracy, people vote to elect representatives (politicians) to handle the stately affairs on their behalf. The danger of representative democracy is that it could end up becoming a joke like in Nepal.
Tragedy of the Commons
Published On: October 9, 2021 08:30 AM NPT By: Bimal Pratap Shah
Coffee consumption, overfishing, plastic pollution, and groundwater overuse are some of the examples of the “tragedy of the commons.” Humans drink over two billion cups of coffee every day contributing to habitat loss that has endangered 60 percent of plant species. Similarly, overhunting and overfishing will likely push many species to extinction.
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