Re:Cryptocurrencies’ Carbon Footprint Underestimated
by hackingforfun on Tuesday October 05, 2021 @06:09PM
(#28766328)
I love this idea! But there's no way politicians are going to vote for it. This points to part of the problem, that politicians are first and foremost for themselves, not for their people.
Imagine if the wallet addresses of every politician were public and we could all see every donation -and- large donations would be automatically rejected by a smart contract unless they are signed and identified by the keys of a public notary they have disclosed their identity to.
(There is already one public Notary in Washington that can certify identity with their registered RSA key as a form of seal)
Cryptoassets can allow us to write our financial laws into code so we don't have to rely on the honor system as much.