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RE: Can Blockchains Replace Governments?
I don't understand this argument. You don't like people having guns so you want people with guns to be in charge?
I don't understand this argument. You don't like people having guns so you want people with guns to be in charge?
I'd rather it be organized and under control of an elected government rather than 'every man for himself'.
I don't think the author is suggesting that democratically elected humans would be replaced, just that the administrative component of government could be blockchained to improve efficiency and transparency.
Governments would always need the ability to change direction in response to real world circumstances and that's a human task :D
Critically, a blockchain sized improvement to transparency would greatly improve trust in government...at a time when it's so badly needed !