• Australian (ASX) Stock Market Forum

Hello and welcome to Aussie Stock Forums!

To gain full access you must register. Registration is free and takes only a few seconds to complete.

Already a member? Log in here.

Would you consider voting on the blockchain?

Discussion in 'Forex and Cryptocurrencies' started by sixtyonefourfive, Jun 21, 2019.

Would you consider voting on the blockchain?

  1. YES

    3 vote(s)
    60.0%
  2. NO

    2 vote(s)
    40.0%
  1. sixtyonefourfive

    sixtyonefourfive

    Posts:
    2
    Likes Received:
    0
    Joined:
    Jun 21, 2019
    How can we still be voting with pencil and paper in 2019, its outrageous. One such company changing the way we vote is called Horizon State, they using the cryptocurrency called HST tokens to power a voting/decision platform. The voting process is around 90% cheaper, the results are instant and cannot be hacked or rigged. The way the HST tokens work is by using fiat money to buy the HST tokens on the open market to power the voting process. After the voting process is finished and the results are know, then 20% per month of HST decision tokens get sold back to the market, so as not to drop the price too much. Then 5% get donated to charity and up to 8% get burned, which helps to reduce the supply of the HST tokens, so as to bring buying pressure back to the market.
     
  2. Smurf1976

    Smurf1976

    Posts:
    9,688
    Likes Received:
    3,339
    Joined:
    Feb 14, 2005
    I'm not following why a voting system should require anything to be bought with actual money beyond the infrastructure etc?

    Surely if this was going to be used for an actual Australian election (which I assume is the point given the pencil and paper reference) then government would just decree the HST tokens into existence by directing the Australian Electoral Commission to create the required number which would cost practically nothing.

    Using blockchain tech for the purposes of conducting an election I can follow but I'm not seeing why any actual money needs to be involved and why things need to be sold to a market in order to conduct an election?
     
    fergee likes this.
  3. fergee

    fergee

    Posts:
    116
    Likes Received:
    179
    Joined:
    Feb 7, 2014
    This is ludicrous. I think using block chain technology for voting is great idea if it enables us to not have to turn up to the local primary school(or where ever they do it these days) and waste our Saturday morning. I would even suggest using the same technology to enable instant referendums on all sorts of issues forming a consensus of the people which the politicians have to listen too instead of us just listening to them.
     
  4. qldfrog

    qldfrog

    Posts:
    3,481
    Likes Received:
    1,856
    Joined:
    Jun 8, 2008
    Just a note of warning about instant referendum
    It would be the quickest way to see a cute kitten elected as president of australia with 95% of the 29000 votes....
    Think about it, if not convinced open any facebook group page
    Politicians are mostly evil/interested.
    People are mostly dumb
     
    fergee and tinhat like this.
  5. Knobby22

    Knobby22 Mmmmmm 2nd breakfast

    Posts:
    5,562
    Likes Received:
    857
    Joined:
    Oct 13, 2004
    I'm against it.
    Vote in the afternoon, no waiting.

    Meet your fellow voters.
    Don't become an insular internet gnome believing your crazy left wing or right wing fantasies. Mix with the people.
     
    fergee, qldfrog and tinhat like this.
  6. InsvestoBoy

    InsvestoBoy

    Posts:
    241
    Likes Received:
    170
    Joined:
    Sep 6, 2016
    This is obviously an advertisement to pump HST and the poster should be banned.
     
    fergee and qldfrog like this.
  7. fergee

    fergee

    Posts:
    116
    Likes Received:
    179
    Joined:
    Feb 7, 2014
    A kitten may be actually be better than the wallies that have been voted in the last few years :roflmao:
    I have never used face book so I don't know what a group page is like but I could imagine its a bunch of screaming monkeys saying things they would never dare say in real life to each other.
    Even dumb people have the right to be heard. I still think this is the way of the future, a lot of tax payer money would be saved on referendums and it would give people a feeling of being heard for once.
     
    Last edited: Jan 3, 2020
    Humid likes this.
  8. fergee

    fergee

    Posts:
    116
    Likes Received:
    179
    Joined:
    Feb 7, 2014
    You sure your not just in it for the free sausage breakfast? :p

    It would be good if they tested online voting out on a smaller western democratic country first.....NZ maybe?
     
    Knobby22 likes this.
  9. qldfrog

    qldfrog

    Posts:
    3,481
    Likes Received:
    1,856
    Joined:
    Jun 8, 2008
    Online voting need trust in your own government, even more than paper bulletin..no recount possible
    Do you trust your government be it state or federal?
    I do not last time i did was probably 15y or so
    Lastly, in a country where you need to use satellite internet 25km from Brisbane general post office, and where even a census can not be handled properly, on line voting is the last thing to try.
    But we could blame results on the Russian, Chinese or climate change...hum tempting
     
    Knobby22 likes this.
  10. SirRumpole

    SirRumpole

    Posts:
    12,997
    Likes Received:
    2,562
    Joined:
    Mar 26, 2014
    Ballot papers can be "lost" too, so if there is a more foolproof way of voting, I'm all for it.
     
    fergee likes this.
  11. Bill M

    Bill M Self Funded Retiree

    Posts:
    1,990
    Likes Received:
    404
    Joined:
    Jan 4, 2008
    I am all for a 100% secure online voting system. I hate going to local schools and lining up, I hate getting pamphlets getting shoved into my hand when I know who I'm voting for, I hate free sausage sizzles where again there are hoards of people and flies everywhere and well I hate losing all my time doing it all.

    Today is 43 degrees C where I live, I have my aircon on and I am comfortable. If I had to go out to vote I would give it a big miss and cop the $20 fine. Why shouldn't I be able to vote from my own aircon home in comfort online? Further more I HATE that we are forced against our will to go and vote. It should not be compulsory. The whole voting system needs to be overhauled!

    Rant over, I'm back to my ordinary self now.;)
     
    fergee and barney like this.
  12. barney

    barney

    Posts:
    3,537
    Likes Received:
    1,565
    Joined:
    Aug 17, 2006
    Lol ….. So much hate Bill:eek:

    I didn't realise my Old Man was registered on ASF:p:D

    It's ok Bill (Dad) ... We all understand:)

    Just kidding above in case it doesn't read the way it should ... My Old Man is a champion;)

     
    Humid and Bill M like this.
  13. qldfrog

    qldfrog

    Posts:
    3,481
    Likes Received:
    1,856
    Joined:
    Jun 8, 2008
    Physical is harder to disappear, harder to forge has to be carried burnt etc
    I work/worked in IT and everything is so easy to manipulate once digital.
    Last example so called sat image of the bushfires where you see orange flames...well no, actually recolored images.
    These are fed on all media lately
    Complete BS yet....
    No need for russian experts, for a binary vote yes/ no, a piece of cake to manipulate delete etc
    And will voters accept that their vote could be stored on a Russian or Chinese mainframe, or a commercial enterprise? No so it will be dedicated gov server, not distributed
    No wizkid is working for gov agency, so expect the worse.
    But i would not bet it will not happen, we live in a world where uninformed idiotic sheep voters and propaganda rules.
    News, climate change, etc
    The west has had its time...
    Democracy is a nightmare when voters are dumb/uninformed/uneducated
    Look at African banana republics if you need proof, or India
    Going electronic will ensure the ruling class will not even need to pretend campaigning
     
    barney likes this.
  14. fergee

    fergee

    Posts:
    116
    Likes Received:
    179
    Joined:
    Feb 7, 2014
    How easy is it to manipulate a block chain transaction once completed using biometric identification compared to "loosing" a few boxes of A4 off the back of truck.

    Idiots or not every adult citizen deserves a say in a democracy otherwise by definition its not one. If you live in Australia, NZ, UK, USA, Canada or the EU you are lucky to enjoy the freedoms most of the world do not enjoy.
     
  15. qldfrog

    qldfrog

    Posts:
    3,481
    Likes Received:
    1,856
    Joined:
    Jun 8, 2008
    Reasonable democracy do not force idiots to vote, we do with mandatory voting so definitively not the model here
    So now we add biometrics in the medley..where will you stored that block chain,?
    Fully clean distributed but then it means no control on where some of the data reside.sell this to the people
    Or you have a server(s) restricted blockchain..which is not really blockchain is it? As it can be deleted?
    And BTW
    Societies does not advance with democracy but with benevolent autocracy.
    The last 15y in Australia demonstrates clearly the advantages of democracy i know..
     
  16. fergee

    fergee

    Posts:
    116
    Likes Received:
    179
    Joined:
    Feb 7, 2014
    Yeah they got the horse behind the cart on this one they should be giving ya $20 to vote and if you dont vote you have to give the give the government a sausage o_O
     
    barney likes this.
  17. barney

    barney

    Posts:
    3,537
    Likes Received:
    1,565
    Joined:
    Aug 17, 2006
    I literally laughed out loud:D
     
  18. InsvestoBoy

    InsvestoBoy

    Posts:
    241
    Likes Received:
    170
    Joined:
    Sep 6, 2016
    Don't take the price of democracy for granted @Bill M
     
  19. qldfrog

    qldfrog

    Posts:
    3,481
    Likes Received:
    1,856
    Joined:
    Jun 8, 2008
    if you want to have a serious thinking about democracy: https://www.newyorker.com/magazine/2016/11/07/the-case-against-democracy
    Do you think Singapore would be what it is with democracy, and the west has a special interpretation of democracy, as per Hillary Clinton, Labour here or Brexit debate..How dare they.....the lamentable, the other, read the scomo thread today and the hate against what is 51Pc of the country by some of the left...Could be same on the other side if Labour had win...
    even worse when the muslim brotherhood takes power in Egypt, the west cheering/instigating a coup d'etat...
    Democracy only if it suits "us"...so yes trust a blockchain not 1pc of population understands to decide our leader..
     
Loading...

Share This Page