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by zachmx 1670 days ago
We do that today because we are incentivized to acquire monopolies. Or in other words housing and other generalized assets that use a typical ownership model. If individuals can't "own" property, but instead "possess" property via a self assessed real time tax, you eliminate that gluttonous incentives that all humans have for accumulation.

With collective possession you can increase users stake in making sure that negative incentives don't exist. It's all in the game theory of realigning incentives, but before you do that you have to break down how the current system we live in at its foundational root is flawed.

My theory is that we don't understand the economic systems of the crypto economy because they aren't rooted in the same type of economics that exists in our current system. They are completely different incentive systems and are not correlated at all. We just confuse Capitalist values with crypto-economic values, thus leading to entire new schools of thought in how we organize ourselves manage systems.