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RE: A Simplified Taxless State: A Proposal (part one of three)
This reminds me of http://www.bitland.world/
Seems a bit tricky though, how can you put an asset like property/land/real estate on the blockchain that is:
- Not run by a government
- Have different laws per state/province/etc on property taxes. (I guess it wouldnt matter if theres no taxes! maybe transaction fees?)
- With buying assets like gold on the blockchain they have 3rd party companies audit and make sure the gold is real and accounted for. How would you do that for an entire nation?
I don't think the government will pick up technology like this for at least 10 years, but an interesting project nonetheless.
Don't try to get the government to buy into a blockchain ledger for property, sell it to title insurance companies. Get them to use it first as a quick way to do title searches. When the obvious efficiencies have made it THE system to use, then governments will simply adopt it as the canonical registry.
Something like Suarez's "Daemon" could be constructed that uses force according to clearly-defined, predictable rules, rules which are able to be implemented, given human nature. This could then shift the incentive structure against those who sought to abuse government power.