Second Satoshi whitepaper?

The Lost White Paper

Once, the world operated under a stable monetary system backed by gold. However, in 1971, President Nixon abandoned the gold standard, leading to the rise of the fiat currency. This system, based on trust, allowed governments to manipulate currency values for political and economic gain. However, the inherent weaknesses of this fiat system make it vulnerable to economic collapse.

One looming threat that could trigger such a collapse is climate change. The rise in temperature caused by greenhouse gases leads to melting polar ice caps, rising sea levels, and ocean acidification. This catastrophic outcome will surpass the Great Depression, causing destruction in coastal areas, loss of arable land, and hunger. Asian countries, with 80% of the population at risk, will face severe flooding and economic losses. Additionally, governments' lack of transparency and pursuit of their own agendas exacerbate the climate crisis.

The Kyoto Protocol, aimed at reducing greenhouse gas emissions, failed to achieve significant results as countries like Canada, Russia, Japan, and the United States either withdrew or refused to ratify it. Without enforcement mechanisms and transparent, accountable governments, future agreements to combat climate change will likely fall short of their targets. True success can only be achieved by holding governments accountable and ensuring transparency.

The challenges we face demand more than policy tweaks or new agreements. Without enforcement and transparency, future climate accords may falter. To avoid dire consequences, a radical solution founded on a new system that values security, transparency, and trust in governance and commerce is required; a restart of society.