Bitcoin Forum

I am familiar with monetary policy theory, and exchange of money. My area is overhauling it's city charter in favor of new one. Problem is they didn't look at the math behind making GDP rise by getting rid of strong mayor and going strong council, or diarchy, and out in a SEAP. In theory there is much of math in documents, how would you attempt this if you wanted to tokenize a city?

Tokenize everything? I have to go slowly, or this will get even more messy and just tokenize corruption. Maybe I'll start tokenizing the systems that least hinder GDP growth. But this isn't as easy as it seems; the hardest part is getting the basics in place, especially the legal issues that can't be ignored. I mean, does my country allow a city to have its own "currency"? If I want to play it safe, I'll involve higher levels of government.

Apart from that, I'll likely face lobbying and friction from various political interests that have been hidden so far.

Not everything, just the framework within the charter there are 7 different classical forms of government. Most cities chase 2% off of the gold standard but once we left that is no longer applicable, we can restructure government to hit 3.5% by restructure, rebalance of power. If we tokenized the actual document, pulled it apart, gave things voting rights and etc, then maybe it could be reopened or voted on sooner, last time it was open was 1974 I believe. The chamber of commerce doesn't know math is in that document. I am trying to fight back but it sucks.

Does this mean you have ample opportunity to implement or propose these changes, or are you actually involved in the government system?
You likely need more serious advice and discussion from several professionals. This is a very large and multidisciplinary goal; you can't work alone. Some role I think you should have on your team:
- Governance & Public Administration Law Expert (The Gov. Insider)
- Crypto Economist & Tokenomics Designer
- Tech Developer (especially Smart Contract and Blockchain)
- Auditor

I doubt many people will give you sensible advice here. But I'd be happy if your journey begins in this forum and you're updated on its progress. I'll be following it; this is my first time in eight years.

I am in and out of government systems since 2017, I helped a candidate run who knew their stuff, leveraged AI, taught candidate SMS messages, coding scripts, API key's, they are not familiar with the monetary to extent of myself, I. Long story short candidate lost by 18 votes, chamber bought election through super pac, city is gentrifying creating crisis, rather than re-org, creating mass poverty. Thanks for the list, are there other forums within Bitcoin Forum where things like this could be placed? Governance meets crypto?

I expected this, and I share your city's concerns. Well, you clearly have a vision that goes far beyond the thinking of most people in this room.

I won't give you much advice, especially regarding discussion spaces for government developments. I'm just reminded of the story of Satoshi, whose roots in crypto lie in the cypherpunk movement. I think with these keywords, you can use search tools like Google or even ask an AI chatbot to direct you to more suitable places or resources.

I just sent a prompt to deepseek, and it recommended the concept of "Network State" (https://thenetworkstate.com/the-network-state-in-one-sentence) by Balaji. It seems like it's not just a regular community; judging by their conference gallery, Vitalik has also been involved.

I won't give you much advice, especially regarding discussion spaces for government developments. I'm just reminded of the story of Satoshi, whose roots in crypto lie in the cypherpunk movement. I think with these keywords, you can use search tools like Google or even ask an AI chatbot to direct you to more suitable places or resources.

Thank you for your kind compliments. I was around in 2008 when Bitcoin was being developed, so I understand Satoshi’s ideology, the fundamentals, utility, and purpose behind its creation.

At the same time, I recognize that our monetary system has been broken for decades, dating back to the financial crises of the 1990s, the BIOs, and Y2K. It’s clear how vulnerabilities in the system could be exploited, manipulating IP addresses, purchases of IP's in different regions without verification, financial transactions, and creating widespread panic.

By now, I would expect the government to have structures in place to ensure that those in need are not cut off from resources, whether through omissions in medical records, justice systems, or social safety nets. The problem, especially with the charter, is that it hasn’t been updated since the 1970s. Elected groups, funded by commerce, often lack an understanding of monetary policy or decentralized systems like Bitcoin. Instead, they focus on chasing small gains, adhering to outdated frameworks like the gold standard, and making governance decisions based on social hierarchies, actions that create disparity, hardship, and even homelessness through gentrification.

I don’t want to see people suffer. It's possible I could address these issues, or someone else, but I am mindful of ethics and the principles behind Bitcoin. I'll study Vitalik’s, he’s a brilliant thinker whose ideas on decentralized systems could inform how these challenges are addressed.