You are viewing a single comment's thread from:
RE: Toward a pan-EU blockchain infrastructure
Congratulations on exhaustively presenting this subject!
I am at least a bit skeptical though. Politicians think of citizens when elections come, and they do, in 2019.
That is only normal. We are all people, and people respond to incentives. That is neither good nor bad, it is just the way it is. We publish on Steemit rather than somewhere else because here we get STEEM ! In exactly the same way politicians are motivated and incentivized by the elections. Nothing nefarious in that, as long as promises made before the elections are being kept afterwards!
And here it is where the blockchain can bring a lot: if the promise is written in a smart-contract visible by everyone on the blockchain, they'll think twice or three times as hard before breaking it ... and maybe finally decide that the cost to their reputation of breaking such an explicit promise is too big to be acceptable.
Blockchain has the potential to reduce the political "fudge" and "double speak". At worst, it might not change much. But at best, it can completely revolutionize politics
You are right about incentives, we all pay attention to them in some ways.
I think politicians will change when their audience, the citizens, will.
It is more likely that blockchain will succeed by generating change from the bottom up, and not the other way around.