Joshua Peabody (@jithbladecrypto) profile picture

Joshua Peabody

@jithbladecrypto
Joined July 2025
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Photo by Joshua Peabody (@jithbladecrypto)Photo by Joshua Peabody (@jithbladecrypto)
#staratlas #staratlasdao We need volunteers for dao council, right now only 2 nominations one being myself meaning unless you want communists and assorted bots to run the dao step up Bot personality candidates are: Brian, Bohemian, Drumb and other assorted possibilities
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A member of rome stepped up any other takers nominations are up for about another 2 weeks if we don't get 3 more people to step up everyone who stepped up will be on the council #staratlas #staratlasdao
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It's star atlas dao council election season again, so while I may play up a bit of controversy a quick reminder, at this point my community has had aoc inflicted upon us and we did not vote for mayor wet noodle, I am not nor will ever be associated with the dsa
Image from Joshua Peabody (@jithbladecrypto)
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Iris breaths...and calls for her children to come and find her. Do you have what it takes to survive the cataclysm, Captain? #wearestaratlas @staratlas
🤖 Made with AI
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@HoneylandHQ16 Dec 2025
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The take away from breakpoint is that crypto is finally getting the recognition of finance capital as something that has legitimacy, this means finance capital is going to increase its market share and those who don't want regulatory bs are going to the fringes
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The fact is crypto is still going to be the primary way to move money and leverage assets for the average person, if anything the opportunities are only increasing however the market is likely going to deflate for a while yet so be smart about what you hold and what you dump
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So the conversation with paying the council is about how the council is effectively a corporation while thats mostly true especially right now the long term aspect is closer to a senate type role, note these are also usually paid positions
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while this does not mean the council can't be paid in usdc especially right now when the council usdc holdings are mostly there to make sure that there is enough runway vs anything actually being paid by the council in usdc (atmta pays the foundation and then gets reimbursed)
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the fact here is that it clearly means that the council is subject to the voice of direct democracy and therefore needs to make sure any pip that pays them will be accepted by the community this is where the hurdle really is at this point as we need to justify the council
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legislative debt is not about money its about having something passed that is supposed to just exist and run on its own without does not have the capacity to fully do so meaning that it can fail if no bills that create the conditions to sustain it are passed, don't be the usa
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So today's topic is going to be on planned economy and how that translates to game development especially web 3 game development where utility needs to be built out to keep the assets in value during development
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The point with how not everything necessary can be profitable in a game is because it's ultimately not a closed system it needs people to simply want to spend money there on occasion, the point is making something where you don't want to necessarily extract to extract
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Once we have utility and economic loops heavy extraction loops become possible, once there is enough burn in the economy forcing reinvestment of earned resources to keep making money that now allows extraction, also note not every activity will have direct net profit it can't
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The reason why I will occasionally push against the extraction aspect is because in order for the game to allow us to make money there needs to be enough in game circulation and accumulation as this is what ultimately creates value for the coin ie utility
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It has come to my attention that Winston is selling off a lot of his star atlas assets to cover from a bad bet, now note a major reason that the market went south is stuff I'm directly fighting against so do we want someone who gambles and sabatoges those who would help them
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So the reason I run for star atlas dao council is to make sure that we have qualified candidates in place to keep things running, note I have the necessary knowledge and skills to do the job so it's important that others have a chance to get the knowledge and skills
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There will be plenty of opertinities for me to take active roles, meaning that I'm not going to be upset if i loose this election, in fact it's the opposite I like seeing others step up to do the work of building our virtual nation state
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This combined with the fact that elections are every 9 months while the project has no set end date means we need to be generating a pool of skilled administrative amd political powerhouses to keep things going
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The third star atlas council election is live, cast your vote, make your voice heard, select the new council, I'm not going say anything other then all 6 candidates are perfectly qualified as at this point there is not much else worth saying
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