Tuesday, May 4, 2021

For those who believe that property rights require the government, you should see this news article.

I've posted here once talking about my personal experience with favelas and how they manage to maintain their ownership despite the government having almost to zero interaction with these people.

And now I'm seeing the lives of these people that I sympathize with being changed by the the same technology Bitcoin is based on. There is a project involving MIT that plan to register their houses in the blockchain.

Just for context, a "Favela" is usually an ocupation of a unused property, due to lack of resources, they had to move to the outskirts of the city and build their houses where nobody else wanted to build, like on really steep hills.

And due to it's "homesteady" nature of going to a place, cleaning it, building it and cleaning your own, the government refuses to accept their ownership over that land, which lead to things like in 2016 the government from Rio claiming ownership back to them and forcefully moving out dozens of families just to build a stadium for the event of the olympics.

Other negative aspects of it is that they have to provide energy, water and sewer system by themselves (for this who think that those things can only be done by a politician, you are wrong), they can't even create a bank account or borrow money because they technically done own a house.

But now their streets and houses will now be in a blockchain, registered for everyone to see. And if everything goes the right way, they will have ownership over the place they've created with their own hands, and without the need of the approval from a corrupt bureaucrat.

Property ownership without a government is possible.

Defending said property is a whole different debate, but as I already said on the topic about my personal experience in a Favela, people will not go around stealing each other stuff just because they are poor and hungry, they will not steal and rape just because there is no Government telling them that it is wrong. These people live amongst drug dealers and all kinds of criminals, and yet they manage to create such a wonderful community despite such harsh environment, it shows how we can strive and respect each other's stuff despite what you believe should happen in this situation.

Link to the news article talking about the subject (Rio de Janeiro is making the first digital map of one of Brazil’s largest favelas.)

And here is my fist post on the subject of Favelas if you want to check it out (Brazilian Favelas: a case for private ownership)


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