Re:Ethereum Isn't Fun Anymore
by benhurmarcel on Monday February 22, 2021 @08:25AM
(#26224199)
The difficulty with that is getting trusted information published, not storing it in a secured manner.
[ Parent
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Re:Ethereum Isn't Fun Anymore
by joshspankit on Monday February 22, 2021 @09:35AM
(#26224972)
If citizens paid in COUNTRYCOIN (publicly-visible blockchain-based currency), all spending was done in COUNTRYCOIN, and all government loans (in or out) were in COUNTRYCOIN, then trusted information would be integral to the whole system.
Yes a contractor could still charge $10k for a hammer, but citizens would uncover that almost immediately.