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Paul Snow
Chief Blockchain Scientist and Entrepreneur
Paul Snow is the CEO of IDD Labs, also known as DeFi Devs, and has extensive experience in blockchain technology and software development. He is based in Austin, Texas, and has held various significant roles in the tech industry.
Professional Background
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Current Role: As CEO of IDD Labs, Snow focuses on developing decentralized finance (DeFi) technologies and blockchain solutions aimed at addressing complex problems in various sectors, including real estate and financial services. He also serves as the Chief Blockchain Scientist at Inveniam, where he works on accelerating blockchain adoption across industries and governments.
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Previous Positions: Paul Snow has a rich history in technology and software development. He was the President of the Texas Bitcoin Conference since 2013, co-founding the Texas Bitcoin Association to promote educational events about Bitcoin and cryptocurrency. He has also worked as a technical lead at CGI-AMS, a program manager at Microsoft, and held various roles at IBM and other companies.
Education
Snow holds a Master's degree from Texas A&M University and a Bachelor's degree from Louisiana Tech University, which laid the foundation for his career in technology and blockchain development.
Contributions to Blockchain
In addition to his roles, Snow is known for his involvement in initiatives that promote Bitcoin and blockchain technologies globally. He is a joint founder of the "Passing Bitcoin Around the World" project, which aims to demonstrate Bitcoin's potential for mobilizing funds for charitable causes.
Overall, Paul Snow is recognized as a key figure in the blockchain community, contributing to its growth and adoption through various innovative projects and educational efforts.12
Highlights
This is not just how you fix Social Security. It is how you slowly move away from the Federal Reserve, while also maintaining flexibility in the face of disasters, wars, and disruptive technologies.
A way to make settlement transparent between not just governments, but all large organizations.
One correction: The Social Security Fund CAN sell Bitcoin as needed. Because with the US getting behind Bitcoin in a significant way, that brings other organizations in as well.
Endowments, Pensions, other governments, other central banks. As world GDP grows, the value of Bitcoin holdings increase as well. So the SS can make reasonable sells of some Bitcoin.
Where the government is the ONLY entity that gets a sweetheart deal with selling treasuries to the FED (holding an infinite wallet), the same strategy is available to EVERYONE on equal terms with Bitcoin.
But Bitcoin is a harsh master. The Government will be constrained to stay within the bounds of economic activity, and distribution of Government Bitcoin assets are IMMEDIATELY visible to the Public. Bailouts in Bitcoin are IMMEDIATELY visible to the Public. If departments are provided funding through tokenized dollars, departments become COMPLETELY auditable!
Use the blockchain to FORCE audited decision making, audited spending, audited distributions, and audited treasury management.
Lastly, dollars can be steadied by selling Bitcoin to raise the dollar against bitcoin and buying Bitcoin to moderate the dollar against bitcoin with an eye at a increasing the value of the dollar to reflect the increases in productivity. Such a policy does limit returns to investors in dollars, but favors wage earners, making raises really raises.
A wealthy population is a spending population.
All of this is something IMPOSSIBLE to do with dollars and gold.
Max is hardly ever right, but ... 🥰
