09-29-2021, 01:33 PM
What if the US Congress was replaced with a smart contract?
<!-- SC_OFF --><div class="md"><p>Think about it, every US citizen gets issued one VOTE token, and people can propose changes to governance to be voted on by the population. </p> <p>Obviousely we are decades away, but imagine a world where partisian bickering and pandering to an electorate doesn't erode the lives of the population.</p> <p>Is it possible a world could exist where politicians relinquesh control in the name of governance?</p> <p>We wouldn't even need congress to "protect" us from big bad banks because people would put money where it made sense for them. </p> <p>Instead of relying in investment managers to direct our funds through vehicles only viable because of dollars greasing the wheels with congress.</p> <p>The greatest Ponzi of all, the "money circle of life": poor > rich, rich > banks, banks > politicians, politicians > token "subsidies" to poor; upended into a codified governance protocol.</p> <p>I guess it's been a while since I posted, so 500 words is an issue. I probably should have shared a link to an article posted 400 times today...</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/scracer14"> /u/scracer14 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pxpa3v/what_if_the_us_congress_was_replaced_with_a_smart/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pxpa3v/what_if_the_us_congress_was_replaced_with_a_smart/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Think about it, every US citizen gets issued one VOTE token, and people can propose changes to governance to be voted on by the population. </p> <p>Obviousely we are decades away, but imagine a world where partisian bickering and pandering to an electorate doesn't erode the lives of the population.</p> <p>Is it possible a world could exist where politicians relinquesh control in the name of governance?</p> <p>We wouldn't even need congress to "protect" us from big bad banks because people would put money where it made sense for them. </p> <p>Instead of relying in investment managers to direct our funds through vehicles only viable because of dollars greasing the wheels with congress.</p> <p>The greatest Ponzi of all, the "money circle of life": poor > rich, rich > banks, banks > politicians, politicians > token "subsidies" to poor; upended into a codified governance protocol.</p> <p>I guess it's been a while since I posted, so 500 words is an issue. I probably should have shared a link to an article posted 400 times today...</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/scracer14"> /u/scracer14 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pxpa3v/what_if_the_us_congress_was_replaced_with_a_smart/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/pxpa3v/what_if_the_us_congress_was_replaced_with_a_smart/">[comments]</a></span>Kind Regards R