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RE: Could Crypto ideas go mainstream? (Part 1 – Economics)

in #money7 years ago (edited)

Yes this is right but you need to take
It to the next level.

Governent should not be in charge of creation of the currency.

There should be a currency that is created only for the government to
Use. The only way government can get the currency is if the government creates a fund me campaign for each part of the government.
The currency is divided equally between all of the citizens. Each of the citizens
than chooses which parts of the government they want to fund.

This puts the power of the pocketbook
In the hands of the citizens.

Just think how much more responsive government would be knowing they have to justify their budgets to the people who have the ability to not fund them. This would be an entirely new way of governing.

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Very interesting and I will cover some of that in my follow up post about governance.

But I have often wondered if that kind of idea could be phased in. Like every time you fill in your tax return, you nominate where the first $5K in taxes should go. It can't be implemented overnight but could easily be phased in.

Please run with it
Because this can also be used at local level so it can be tested.

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