Network States

Easy to use Sybil resistance schemes are the most important part of a network state. Cryptocurrency wrestled money creation from military-backed nation-states by figuring out a mathematical fix for double spending but we still need the other half: taxation to take money out of circulation 🧵

Open Source Developer, working on circuitscan.org

Without Sybil resistance, you can only do flat tax, which is kind of pointless since you could just do inflation instead for the same effect

If we can have a way to determine the total assets of each individual human, we can open the field for experiments in influencing economic behavior

And then people can choose their tax regime by holding specific assets. No need to fund your network state with a lottery

And then people can choose their tax regime by holding specific assets. No need to fund your network state with a lottery https://www.youtube.com/shorts/7Pc8Xxk4GaM