Tuesday, November 2, 2021

Using crypto and blockchain for voting directly on issues and why politicians may no longer be necessary.

So, I've talked a lot about this with various people, but I'm curious what you all think.

Traditionally, politicians have been necessary representatives for portions of a nation because it was impractical to hold a nationwide vote on every issue. Travel time, time away from working and the cost of running constant elections were all big factors on why it was just more efficient to elect someone to do the voting for you and hope they have the integrity to represent your interests. Given events in recent years and historical evidence, many politicians cannot be trusted to avoid corruption or make decisions in the best interests of the people and most people don't have a say in it other than to say, "we'll just have to vote someone in better next time." But is that really good enough for the future of how countries operate? How are we supposed to keep legislation up to speed with the rate that technology and other sectors are growing?

These are the kinds of questions I asked myself and others. We live in an age of instant information and direct communication where it's possible to move data at lightning speeds globally. So, why exactly should we hold on to the traditional setup of trusting these politicians to represent people's interests when, in many cases, they clearly cannot be trusted to do so. If Bitcoin can be a trustless network that operates without fail and is totally transparent, why can't we have the same thing for government?

I imagined a scenario in which a crypto exists that allows for single account usage using some kind of KYC (more like Know your Citizen rather than Customer). A person, using SSN (or whatever appropriate identifier) would be able to access the network using this account and would be able to vote directly on issues being debated. There would have to be some kind of app that would provide a list of issues available to vote on (I was thinking there could be User submitted proposals similar to how we already do on this subreddit) and when the user votes, they would receive confirmation via the chain that their "transaction" was complete. Not only could you use it to vote on issues, but you could also pay the citizens for taking the time to vote using the token on that blockchain. This would encourage those who might not care about policy making to participate.

I'm not saying this is better than what we have now, but I'm also not not saying that. I'm just curious what you guys think some of the bigger issues would be with a system like this and whether or not it was feasible or needed. What are the possibilities? What do you think?


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