Welcome to the Deep Dive. Today we're digging
into a, well, a pretty wild set of documents.
The Prospectus for the Wisconsin Innovation Architecture.
It's a fascinating stack. I mean, it pulls from
radical political theory, the physics of fluid
dynamics. And 19th century industrial history,
all to build a completely new kind of economic
framework. Right. And the central mission, the
whole point. is to put this universal chit -holder
plan into practice. Universal chit -holder. And
the core statement is so direct, it's just, we
are all subsidized now. Exactly. It's about moving
past the, you know, the shame of dependency and
reframing it. And that idea isn't brand new,
is it? It traces back to Nimrod Allen III's 2012
Senate campaign. That's the intellectual origin
point. He was the one who defined the chit, that
unit of entitlement or debt or credit, as the
fundamental asset of modern citizenship. But
that's a huge philosophical jump. How do they
ground that? Well, they pull from the theorist
Achille Mbembe, specifically his idea of the
becoming black of the world. Ah, right. The theory
that precarity and extreme extraction are no
longer confined to specific places. They're universal
now. Precisely. So in that world, the universal
chit isn't some kind of handout. It's framed
as a necessary defensive asset against these
massive opaque market forces. OK, so that's the
political why. Let's get into the how. The mechanism.
Yeah. This is where the math comes in. It really
does. They basically throw out all the old static
economic models. And they embrace econophysics
instead. Right. Treating economic liquidity like.
Like a fluid. Exactly like a fluid. They use
the Navier -Stokes equations, the same math that
describes how water flows, to model the movement
of value. Wow. And how does that help in practice?
It's all about real -time risk management. They
calculate something called a financial Reynolds
number. A Reynolds number. In engineering, that
measures turbulence, right? That's the one. Think
of it as a turbulence gauge for the market. If
that gauge starts spiking, the system knows the
water is about to, you know, boil over. Wait,
hold on. If the whole point of a token economy
is usually maximum liquidity, wouldn't adding
friction, wouldn't that just defeat the purpose?
You'd think so. But here, the friction is programmable.
It's defensive. How does that work? If that financial
Reynolds number crosses the threshold, the system
automatically increases viscosity. Viscosity.
So it literally thickens the fluid to slow it
down. You got it. It's programmable transaction
friction. It slows the velocity of their spiral
token just enough to prevent that speculative
turbulence. It's a physics -based brake pedal
for financial panics. Okay, that covers the digital
side. But if the whole mechanism is based on
physics and code, why insist on a physical anchor?
Why this jump to a sovereign industrial reclamation?
Because they recognize that pure data is prone
to pure speculation. You need something to ground
it. And they chose a farm. Trimborne Farm in
Wisconsin. Well, it was a massive 19th century
industrial complex. It produced the lime, basically
the glue that built early Milwaukee. So it's
the material genesis block for the token. In
a way, yes. So is a lime kiln actually backing
a digital token? Not literally the kiln itself.
The token is backed by a haptic lexicon. A haptic
lexicon. Yeah, it's a digitized library of the
farm's physical characteristics. The density
of the field stone, the grain of the oak timbers.
Ah. So that texture is embedded in the token
structure. It gives the digital asset some actual
material weight to resist volatility. That's
the idea. It connects the math to the history.
Which brings us to the final piece, getting people
involved, citizen participation. Precisely. And
for that, they use Ariel Waldman's massively
multiplayer science framework. They institutionalize
industrial hack days. at these reclamation sites.
Right. Citizens, the chitholders, are paid in
spiral tokens to successfully hack real industrial
challenges, fixing supply chains, prototyping
new tools. So it makes their final promise, we
are all sovereign now, into something tangible.
It embodies it. So you've got this unified spiral,
the political imperative from Allen and Memebe.
The mathematical mechanism using Navier -Soaks.
And the material grounding at Trimborne Farm,
it's a very compelling structure. It is. But
it leads us with one pretty big question to think
about. A huge one. The original Trimborne lime
industry collapsed for a reason. Right. Someone
invented Portland cement and the entire workforce
became obsolete, basically overnight. So if this
new economy treats innovation as the new cement.
Can this physics based viscosity model, this
slowdown mechanism, can it truly protect the
sovereign shitholder from the shockwaves of the
next big technological disruption? Yeah. Is a
brake pedal really enough to stop economic history
in its tracks?