crypto can validate and officiate a vote of who is a country leader. but a blockchain wont replace the human brain, mouth hands and legs of a nations leader. even if america 2016-2020 showed it had a brainless orange as a leader
some political decisions during the 4 year term do need a brain and a mouth and even a handshake and some feet to walk around on.. things a blockchain does not have
though we can debate that some nations leaders dont really use their human attributes well
Topic: Could crypto replace government? - page 6. (Read 731 times)
Lets just accept that this wont become a reality.Yes, smart contracts is revolutionary but we cant really just deny that there are things which do works only on where government or in short in centralized things.
Just like been mentioned above by hatshepsut93 was actually on point.So dont expect that it would really happen and both things do function on different key areas.
Why would really pushing that it would really replace the government? Everything would have their own function of its existence.
Just like been mentioned above by hatshepsut93 was actually on point.So dont expect that it would really happen and both things do function on different key areas.
Why would really pushing that it would really replace the government? Everything would have their own function of its existence.
No. Smart contracts can't do everything in the world, in fact they can do very little. Ethereum and other smart-contract platforms aren't used in real world like it was envisioned, they are used for creating tokens and trading them, that's it. The DAO promised to revolutionize companies, and it just died at launch due to bug, and no one tried to relaunch it, because they understood that it was a stupid idea.
A possibility just crossed my mind, after thinking about what McAfee said - could crypto replace government?
Let's say every person owned a smart contract cryptocurrency like Ethereum (or Cardano, Polkadot, etc.)
If somehow it were designed in such a way that each person only had one vote and there were no centralized developers, we would have a pure democracy.
Payment for local services could be decided based on smart contracts (defense, firefighting, police, licensing, etc.)
Popularity contests would no longer decide politics. Social justice warriors would no longer be able to assault companies to bending to their will - people would remain anonymous.
Privacy would again be valued.
Crooked politicians and bribes would no longer allow politicians to slip in devastating legislation like the recent "infrastructure "bill's attempt to control all of crypto.
Our currencies could no longer be devalued to pay elite politicians' friends in the financial industries.
Could such a system of government work?
Let's say every person owned a smart contract cryptocurrency like Ethereum (or Cardano, Polkadot, etc.)
If somehow it were designed in such a way that each person only had one vote and there were no centralized developers, we would have a pure democracy.
Payment for local services could be decided based on smart contracts (defense, firefighting, police, licensing, etc.)
Popularity contests would no longer decide politics. Social justice warriors would no longer be able to assault companies to bending to their will - people would remain anonymous.
Privacy would again be valued.
Crooked politicians and bribes would no longer allow politicians to slip in devastating legislation like the recent "infrastructure "bill's attempt to control all of crypto.
Our currencies could no longer be devalued to pay elite politicians' friends in the financial industries.
Could such a system of government work?
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