• 15 Posts
  • 8 Comments
Joined 2 years ago
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Cake day: June 30th, 2023

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  • What if we could give each citizen a crypto-signed coin at citizenship registry through citizenship tests or birth, it was required to be destroyed at death, and kept in line with an accurate population census?

    Let me see if I understand this, it sounds like you want to make the crypto version of a Social Security number, but also in physical form (a coin).

    The issues here is what happens when it’s lost? They would have to invalid the lost one (or be stuck with the Social Security angle that can’t be changed, but with a “trusted token” in the wild as well), but that means changing numbers and that would go against the whole crypto angle. And then it would be used as a form of ID (Social Security wasn’t ever meant to be used as ID, but like your suggestion, it is “unique” and issued at birth/citizenship). We already have enough problems with Social Security numbers being used for fraud, this would only make the matter worse I feel. (Again, as a “more trustworthy item due to crypto” public belief.)

    As for population census, this wouldn’t help much because if people leave the country, then they aren’t part of the census count. But people don’t revoke their citizenship when they leave or even make a form letter to their government that they are going to be living more than 6 months out of the year in another country (the usual standard to be considered if you live in the country or not).



  • This could help give some explanation of the election of Trump/MAGA, but 8 months into that election everyone outside can see that they just made all the problems worse. And when this rise was noted last year, I wouldn’t have asked that question because the people don’t have something to give an an honest response of what would really happen if such groups were elected to power (which these exact same problems happened the last time Trump was elected, but it’s happened now twice in a row with a safety bumper between these elections which would help dismiss any claim of it was a fluke/bad timing). Which comes back to my question, how can you look at Trump/MAGA and say “I want THAT for my country?”

    We aren’t dealing with hypotheticals anymore, we are already seeing cause and effects.



  • It was ruled in court to be illegal in 1919 in the Dodge vs Ford lawsuit.

    At the time, Ford himself wanted to: “My ambition is to employ still more men, to spread the benefits of this industrial system to the greatest possible number, to help them build up their lives and their homes. To do this we are putting the greatest share of our profits back in the business.”

    But shareholders (both Dodge brothers of the Dodge car company) sued against this and in the end the judge declared that: “A business corporation is organized and carried on primarily for the profit of the stockholders. The powers of the directors are to be employed for that end. The discretion of directors is to be exercised in the choice of means to attain that end and does not extend to a change in the end itself, to the reduction of profits or to the nondistribution of profits among stockholders in order to devote them to other purposes.”

    Basically, if you attempted trickle down economics, you’d be “stealing” from the shareholders. Extra money is to be given to shareholders as dividends, not for boosting the pay of your employees if it doesn’t involve adding more profits to the bottom line.

    https://en.m.wikipedia.org/wiki/Dodge_v._Ford_Motor_Co.