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Topic: Equitoria - A state built on Bitcoin and blockchain (Read 3 times)

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I was wondering, if a new city-state country was formed today in a world of blockchain, web3 and defi and around the principles of this decentralization and inclusion, what might that country look like?
A country that encouraged decentralisation and non-custodial finance, that supported citizen rights to privacy and direct democracy, that made the "state" as small as possible with the state focussing on just what it needs to focus on while channelling governance and wealth towards its citizens.

So I wrote a draft constitution around this idea and some posts on some aspects of such a micro state, such as how state economics might work, how citizens would get directly involved in democratic governance, even how it would encourage family values and responsibility from its citizens. A state that had DAO's for government departments, memecoins for expressing citizen ideas, cryptocurrencies as legal tender, assets on chain etc. Perhaps the most unusual idea is whether a state could be formed that had no taxes but instead, the state operated through direct democracy with a treasury operating more like an investment fund, investing into citizen projects as a shareholder, earning fairly as a shareholder and then using its earnings to fund public services and re-investing into society. Aligning incentives between the state and its citizens with the citizens holding the power.

I'd be interested in peoples feedback and involvement, whether it remains a thought experiment or becomes something more, the worlds first web3 tech based micro-state.

https://medium.com/@Equitoria
https://equitoria.org/
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