privacy · proofs · compute
v1.1 · checksummed

About

Next Generation Stores of Value: Privacy, Proofs, Compute

A conditional monetary thesis for verifiable digital infrastructure

About This Work

Next Generation Stores of Value: Privacy, Proofs, Compute is a long-form research thesis by Jason St George.

The old monetary and epistemic guarantees are weakening: fiat increasingly rests on compliance and repression, media is no longer self-authenticating, and compute is becoming the primary engine of value creation. In that environment, the essential digital commodities are Privacy, Proofs, and Compute: the ability to move value without exposure, verify claims without trusting platforms, and purchase useful machine work with public receipts. These capacities become monetary only if protocol design forces their demand into a scarce native asset through required fees, burns, collateral, capped issuance, and public telemetry proving that verification, reachability, settlement, and value capture still work.

This is not a token pitch, a protocol whitepaper, or a claim of inevitability on behalf of any single chain, company, or ecosystem. It is a map, a framework, and a research agenda.

The canonical version of this work lives on this site as a versioned web edition and printable PDF. Substantive revisions are logged in Updates. Corrections are logged in Errata. References and supporting materials are collected in Sources and Appendices.

Author

Jason St George · ORCID · Google Scholar — is a writer and researcher working at the intersection of philosophy, money, cryptography, AI, and civilizational systems. His work explores how conditions of truth, agency, and value shift under accelerating technological and institutional change. He publishes Eschatology Report and is the author of Next Generation Stores of Value: Privacy, Proofs, Compute.

Scope and posture

This thesis is written for builders, researchers, investors, operators, and serious readers trying to understand what kinds of monetary and verification systems remain durable when soft guarantees degrade.

The goal is not neutrality in the empty sense. The goal is explicit assumptions, visible tradeoffs, and claims that can be checked against the world.

License

© 2026 Jason St George.

Text and original diagrams are licensed under Creative Commons Attribution 4.0 International (CC BY 4.0).

You may share and adapt the material for any purpose, including commercially, provided you give appropriate credit, provide a link to the license, and indicate if changes were made.

What is not licensed

Third-party content: All third-party trademarks, images, and excerpts are the property of their respective owners and are used under fair use or by permission where applicable. They are not covered by the CC license unless explicitly stated.

Trademarks: "Next Generation Stores of Value," "VerifyPrice," "VerifyReach," "VerifySettle," "Work Credits," and related marks are trademarks/service marks of the author and are not licensed under CC BY 4.0.

No endorsement: Use of the licensed material does not imply endorsement by the author.

How to Attribute

Title: Next Generation Stores of Value: Privacy, Proofs, Compute

Author: Jason St George

Source: /v/1.1/ (canonical)

License: CC BY 4.0

Cite: Citation formats + downloadable files

Code

Any code artifacts are licensed separately under the MIT License.

The wider body of work

AfterFiat is one surface of a broader body of work on verification, agency, and durable value under adversarial conditions.

Acknowledgments

This thesis stands on the shoulders of giants—Satoshi, Chaum, Rivest, Shamir, Adleman, Goldwasser, Micali, Naor, the cypherpunks, and countless researchers in cryptography, consensus, and privacy-preserving systems.