Sadly that does mean poor people who can’t stake capital or spend capital on rent in an area get left out of the system.
What would a system look like that didn’t use Proof of Stake as collateral to get people access to trust based systems?
I’m glad they avoid voting. They’d just vote for high taxes, which they wouldn’t have to pay for very long.
The city has a good system for dealing with political activism by students: there are a ton of unpaid committees with actual power - but exercising the power requires jumping throwing hoops to make sure it’s used well.
In practice this means students can get lots of influence, if they’re willing to put in the time and effort.
That seems like a good system to me.
It also makes me very cynical about voting in general. The fact that someone is willing to wait in line for 20 minutes and check a piece of paper says little about their ideas.
Spending 20 hours a week - evening and weekends - to research and write reports shows you care.
Not to say the time isn’t worth it, or doesn’t need to be put in. I just don’t feel like it’s substantially different (for the purpose of this conversation) to buying a house in the area. ie. The homeless can’t spend time on committees.
However, if a person owns multiple residences, all that proves is that you own that residence, not that you actually live there at all. At least in my jurisdiction, landlords receive and pay water bills (and the tenant has to reimburse the landlord the usage portion of the bill), so a water bill could even be from an investment property one is renting out.
A hard case is combination of not having money and not having family.
It's only a serious hardship for poor people.