Kevin Cox of Canberra Australia Explains WHY He Joined YARcce

Why I joined YARcce

I joined YARcce because I want to help bring innovations out of the LAB.

Why do I want to bring innovations out of the Lab?  Because we need to change the way we exploit the resources of the world to have any hope of survival as a species.  We can do it, but we are stuck in a self-destructive system of economic exploitation.

We at (Prepower) have an innovation that democratises investment. At the moment those who have more money are able to invest at a lower cost per dollar than those with less money. Investing is the path to wealth and any system that favours those with more wealth inevitably means that the more wealth you have the more wealth you will acquire.  Such a system leads inevitably to exploitation not only of other people but of the planet. The objective is to accumulate wealth, not to do things with wealth. It also turns out that the cost of operating a system of wealth accumulation becomes expensive at scale. Today, the cost of operating the financial system is about the same as the amount invested.

Prepower has piloted a funding system that reduces the cost of operating the financial system so it is close to zero. When we reduce the cost of operating the financial system the cost per dollar invested is the same no matter who invests.  Prepower democratises investment.

Why YARcce? 

It has the goal of bringing innovation out of the lab. We want to plant the seeds of democratisation investment firmly in the area of innovation.  If YARcce adopted the Prepower approach the cost of investing in innovation will drop and that will bring more innovations out of the lab so it is of benefit to YARcce.  It also brings more investors into innovation. 

It also benefits Prepower because the greatest barrier to adoption is the financial system. It loses out because it will shrink in size and hence will resist adoption.  The more people use the Prepower innovation the faster it will be adopted across the economy and the closer we will come to building a sustainable society. Today, investing in innovation is almost exclusively for the wealthy. It is the hardest place to introduce an investment innovation as entities with little wealth have almost no experience in investing in innovation. Those that succeed, become wealthy and want to keep the advantage wealth brings them. If the Prepower approach can fund innovation it can fund anything.

Ray Gallon, from Barcelona Spain, Explains Why He Is Spending Time and Energy As A YARcce Member

My Personal “Why”

Emmanuel has challenged us on the subject of “Why YARcce.” This topic should be about our overall mission, but I don’t think it’s inappropriate, in building that, to understand the personal motivations of each of us. So here is mine.

I’ve spent a lot of time mulling over why, over the last year, I have dedicated so much time and energy to this fledgling organisation, and why I continue to want to do so. I’ve finally come up with a clear answer:

The World is Broken

It’s that simple. At least, this is my personal opinion:

  • Climate change threatens immense populations. Since most of them live “somewhere else” for those of us in rich countries, we don’t notice, but human migrations due to climate change are already happening – rising sea levels, drought, desertification, famine, upheaval, pandemic. Even the famous charters of French vineyards are being forced into change as the climate warms up.
  • Representative democracy is disappearing in a hugely underestimated crisis of trust. The corollary of that is the rise of authoritarian regimes, what you might call “dictocracy” since the autocrats are elected and then rule almost by fiat.
  • Everywhere you look, individualism is on the rise, solidarity in the community – whether through voluntary means or through government action – is on the decline, efforts related to the current COVID crisis notwithstanding; where individualism is not on the rise, the flip side – a kind of groupthink – seems to prevail, rather than real community engagement.
  • Technocracy has won over humanism. Productivism has won over rationality. Political correctness of varying sorts has won over intelligence and common sense. We have quickly forgotten that the various forms of Fascism (as promoted by the likes of Franco, Mussolini, or Hitler) and Stalinism all had as a main feature the instrumentalisation of human beings as interchangeable parts of a social machine. It doesn’t matter if these ideologies come from the right or the left – what matters is their soul-destroying nature because they seek to make us all “equal” in the sense of all equally meaningless.

Cheer up, there’s no hope!

So, why don’t I slit my own throat?

You know the expression, “if it ain’t broke, don’t fix it” – well, the flip side is, “you can fix what is broken.” And we should. And we can. And all is not bleak. I said the world was broken, not dead. And fortunately, we have in this world a certain stock of experts, home handyfolks, and DIY-ers who have already started projects to fix it.

Enter YARcce

So, is YARcce going to fix all that ails the world? Obviously not. But in doing what it does, it contributes to fixing little corners of just about all the things I mentioned above. Should YARcce try to be all things to all people? No, no, a million times no!

For me, YARcce has a purpose and a means to get there. The purpose is, “out of the lab and into the world.” In other words, to help projects – by whatever means we deem suitable – become reality in our chosen domain of clean energy. 

For those who question what the “alternative financing” experiments recently begun have to do with that goal, I answer that it’s part of the means to get there. If we can develop effective models for alternative financing of energy research, and those models can scale, we’ve done our job of accelerating.

The same goes for using distributed, networked organisation methods. The social experiment we’re embarked on has been selected because we believe that it is an effective way to create massive participation in the process of accelerating and incubating new research that helps fix climate change. It’s not our goal, it’s how we achieve our goal. And we’ve chosen that methodology in accordance with certain ethical principles that I believe we all share, regardless of where in the world we find ourselves, or what side of various political spectra we come from. 

The multiplicity of experiences, views, and temperaments (which we still need to improve on) is a strength for us – as biodiversity is to survival of species in general. It will keep us from either too much individualism or groupthink. It will keep us on our toes.

End of rant.

BrightID in 2 minutes – YouTube

The Saturday morning blockchain study group met with representatives of BrightID on July 18th 2020.
We are looking to use the BrightID system to uniquely identify members and to map the network of connections among members in a visual format.
You can learn more about BrightID at their website

The study group cluster has installed the BrightID app on their cell phones, and connected using QR codes over Zoom to map the start of our network member identification system.


On Wednesday June third, members of the organization held a Zoom meeting where Todd Welch led a conversation on  trust. Todd gave a brief presentation on tools that can be used to gain trust in a professional atmosphere. The group then discussed what trust means to them and different scenarios of betrayal and trust and how to apply them to different work environments. The screenshot below is a trust scale and is one of the tools that were introduced. To learn more about trust go to Todd Welch’s website