You don't say anything about how is supposed to have the power to enforce that statute.
I say a lot about it in my book. The system relies on Rule of law: https://github.com/skilesare/art_and_democratic_hypercapitalism/blob/master/the_pattern_language/law_rule_of_law.md
And yes, we limit citizens to one account and legal entities, and governments have different kinds of accounts with different restrictions.
https://github.com/skilesare/art_and_democratic_hypercapitalism/blob/master/hyper_capitalism/citizen_accounts.md https://github.com/skilesare/art_and_democratic_hypercapitalism/blob/master/hyper_capitalism/legal_entity_accounts.md https://github.com/skilesare/art_and_democratic_hypercapitalism/blob/master/hyper_capitalism/state_accounts.md
Have you done any math to show that they add up?
I've run a computer model in a closed system. I present the results here: https://vimeo.com/user17783424/review/115279592/1bb88f885d
Also in a system like Bitcoin where it costs $0.04 to do a transaction, are you sure you can transfer $0.0000032 effectively?
Yes. It can just be a few satoshi's to an output with the rest(the bigger values) going somewhere else. If the amounts are too small they can be kept off chain.
Economic systems work by their agents trying to maximize returns. That means if there a way in your system to maximize returns in a way you didn't anticipate the calculation based on the ways you anticipate is worthless.
Thus the need to experiment and try to blow the thing up. I agree 100%.
And yes, we limit citizens to one account and legal entities, and governments have different kinds of accounts with different restrictions.
If a citizen creates a legal entity, doesn't he get his second account?
The wine seller creates a legal entity "wine shop" and transfers the money from it into his citizens account whenever the shop get's any money.
Yes. It can just be a few satoshi's to an output with the rest(the bigger values) going somewhere else. If the amounts are too small they can be kept off chain.
Of course you can transfer a fe...
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