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BIP-110 Was Good For Bitcoin Monk
@BitcoinMonk21
Are you satisfied with your goverment. If not, buy bitcoin. Nostr is cool. npub1twg6ajypacxd209suhjwz9658dfk48j37u9mtyzh8lykaax6xt0s4wy42h
가입 July 2024
778 팔로잉 중    1.7K 팬
This is the way!
The time to decentralize is upon us! Decentralization is the only political structure that actually disciplines government, and Switzerland's canton system proves it with 700 years of evidence. Twenty-six cantons compete for residents and businesses. Appenzell Innerrhoden runs differently from Zurich, which runs differently from Geneva. When Basel raises taxes past the tolerance of its engineers and entrepreneurs, those people move to Zug, which has kept its corporate tax rate under 12%. Basel loses the revenue. The lesson writes itself. Centralization is the villain. Every time a federal authority absorbs a decision that cantons once made, you lose the price signal. You lose the experiment. You lose the exit option. Brussels crushes this mechanism across the EU, which is why French farmers and German industrialists both scream at the same unresponsive bureaucracy with nowhere to go. Competition between governments constrains Leviathan the way competition between businesses constrains monopoly pricing. Strip away that competition and governments do exactly what monopolists always do: extract maximum value from captive subjects while delivering minimum service. The canton system works because it keeps power close to the people funding it and gives those people somewhere else to go. Take power and responsibility out of the hands of bureaucrats thousands of kilometers away. Localize it to within manageable sections, and watch your area flourish.
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