Could blockchain technology nullify the need for taxes?

in #anarchy8 years ago
"Who will build the roads?"

Imagine if you will, a world where government is separate from the State; where government is a choice rather than a monopoly.

Blockchain transparency and accountability combined with open source collaborative crowd sourcing can provide all the services we currently associate with government monopolies. A decentralized and accountable market of choices rather than a monopoly of violence and extortion can lead to a much more efficient, higher quality and peaceful product or service.

The example of roads:

How?
  • Crowd sourcing.
  • Contract creation and execution.
  • I can even see a social app like this but geared toward something specific such as whatever is needed to run a road safely being used to govern the actual use and maintenance of it.

I would really like to talk with people who could put the pieces together better than this with actual technology. Do you have any recommendations?

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Scott Gregory | Open Governance *Currently pretty much just a landing page.

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In this world, roads would be built by private companies and then converted to tollroads. We would end up paying the same amount or more in tolls. Just my 2cents though

I suppose that could happen, but if there was competition, then another road could take their business. That should raise the quality and lower cost, is what I think.

They could even create smart roads that only allow self-driving cars.

Yeah, they may even provide the vehicles to meet their needs. Possibilities could be endless.

Great post.
Followed.

Thanks. I followed back. I'm sure there is a better way than what we have now.

Good post buddy!

I'm glad you think so. Hopefully, folks smarter than me can show us how.

Food for thought dude

Thanks. I just keep thinking there are better ways.