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Finding Genius Podcast

Herb Stephens-President of Democracy Earth-Enabling Liquid Democracy for the World

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.41K Ratings

🗓️ 25 September 2017

⏱️ 21 minutes

🧾️ Download transcript

Summary

"At the end of the day, it's about getting corruption out of our public ledgers, and those public ledgers are both voting and budgets… by putting the voting and these budgets on blockchains, we remove the corruption. And now that's going to reflect the will of the people," says Herb Stephens, explaining the ultimate aim of Democracy Earth.
As president of the company, Stephens elaborates on the ways in which a blockchain-based online voting system would bring an unprecedented level of transparency, accessibility, and understanding to the democratic process.
As it stands, elections and polls across the globe are vulnerable to manipulation, limited by the binary choice of a "yes" or "no" vote, and reflective only of those who can cast their opinions at a polling station. "Liquid democracy opens up possibilities, so we can think of different forms of democracy operating over time," says Stephens. "Right now we have liquid democracy, but it's frozen."
Stephens also discusses:

* His skepticism regarding successful adoption by the U.S., and why there is resistance to the level of transparency that Democracy Earth makes possible.
* The meaning behind the term "decision laundering" and how it can be prevented through the use of blockchains.
* The new Democracy Earth token called "vote" and the upcoming, first of its kind Initial Rights Offering (IRO).
* Examples of top-down and bottom-up use cases.

Transcript

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0:00.0

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0:06.0

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0:09.3

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0:13.8

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0:19.4

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0:22.9

and founders, then I'd like to hear about it.

0:25.9

If you don't, then you don't want to miss out.

0:29.0

Registered today for the Bitcoin, Ethereum, and Blockchain Superconference.

0:33.1

Go to Bitcoin Superconference.com and register today as a super early bird to get the lowest rates on tickets and hotel rooms.

0:41.4

That's Bitcoin superconference.com.

0:45.4

Welcome to Almost Here, Round the Corner of Future Technology Podcasts with Richard Jacobs.

0:51.7

Future Technologies always to transform our lives for better or worse

0:55.3

for the focus of this podcast. Almost here means these technologies are now here and starting to be

1:01.1

used or just around the corner. From Bitcoin to artificial intelligence, 3D printing, blockchain,

1:07.9

virtual reality, and more. Hello, this is Richard Jacobs with Future Tech Podcast.

1:14.5

I guess today is Herb Stevens, president of Democracy Earth.

1:18.1

Herb, how are you doing?

1:18.9

Great. How are you, Richard?

1:19.8

Yeah, you get a nice first question.

1:21.8

It's always the same.

1:22.9

Tell me about what you do and tell me about Democracy Earth.

1:25.6

Yeah, sure.

...

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