I don't think we would need MORE state, we would need a state that actually works. Yes, governments do own businesses, and those businesses do what they are mandated to do. If a government established a charter for a company that would receive capital, use that capital to buy and operate Bitcoin miners and then distribute the profits to all citizens that live within the jurisdiction of that government, then that is what it would do. That's a basic governance system to set it up and make it work.
There's a difference between hating our current government because they are incompetent idiots doing a bad job, vs. hating the very idea of governance, which would include the pooling of resources to fulfill a goal. I don't think we're ready to tell an AI to do all the work and give humans the profits of that work. So we are going to have to trust SOMEONE SOMEWHERE to do SOMETHING.
We can take this out of the hands of politicians by building smart contracts that distribute sats that are generated by miners. Make the requirement to change those smart contracts a 99% buy in from everyone involved in the system. You'll never get it, so the system won't be changed.
chadlupkes / Chad Lupkes
npub1mu…wcnel
2024-04-02 20:49:08
in reply to nevent1q…u697
Author Public Key
npub1murdy8k20svu38g9f9jt9k0rqkjzt677x3qrev88je4gw2erqk8scwcnelPublished at
2024-04-02 20:49:08Event JSON
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"content": "I don't think we would need MORE state, we would need a state that actually works. Yes, governments do own businesses, and those businesses do what they are mandated to do. If a government established a charter for a company that would receive capital, use that capital to buy and operate Bitcoin miners and then distribute the profits to all citizens that live within the jurisdiction of that government, then that is what it would do. That's a basic governance system to set it up and make it work.\n\nThere's a difference between hating our current government because they are incompetent idiots doing a bad job, vs. hating the very idea of governance, which would include the pooling of resources to fulfill a goal. I don't think we're ready to tell an AI to do all the work and give humans the profits of that work. So we are going to have to trust SOMEONE SOMEWHERE to do SOMETHING.\n\nWe can take this out of the hands of politicians by building smart contracts that distribute sats that are generated by miners. Make the requirement to change those smart contracts a 99% buy in from everyone involved in the system. You'll never get it, so the system won't be changed.",
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