Born of a forceful breakaway from oppressive British Colonialism, early America experimented with various governmental configurations, before understanding the recipe for voluntary government - consent of the governed.
Likewise, with today's ongoing cryptocurrency (crypto) revolution of nearly 250 years later, Jon Palmer's Voluntary Governments underscores the principles and tenets necessary for the consent of the governed to be achieved among those in the crypto sphere of influence. (Source: https://1729.com/voluntary-governments ):
I. Political structure is heavily intertangled with business. Unquestionably, it's our civic duty to act in good faith and obey the laws of our respective jurisdictions. Comically, however, when the humanity (or rather, lack thereof) of those supposedly representing us becomes apparent, many eventually come to wonder, "How many of these laws are constructed in good faith?" Politician or constituent, everyone is human and the quest for material wealth acquisition has some effect on all of us, as well as the architecture of laws in our society. The issue constituents do have leverage on, is choosing to support whichever trends they please, through capital access, or lack thereof. Undoubtedly, crypto is gaining increasing traction in legislatures, due in large part to foundational support in the form of individuals' business ventures.
II. Government policy is a mostly reactive, lagging indicator.
The age-old question of perception: irreverence or lack of understanding? As more steadfast politicians from bygone eras wrestle with younger and more open-minded hopefuls, crypto is becoming increasingly a part of the conversation. Take Wyoming for example - one of the most conservative states in an overall fairly conservative country, or so it would appear. In actuality, however, Wyoming leads the nation on crypto-friendly laws, case in point, the authorization of DAOs (decentralized autonomous organizations) to operate as LLCs (limited liability corporations) thanks, in no small part, to their political representatives in-synch with the wishes of their constituents.
III. Catalyzing societal progress is possible.
Since the advent of cellular (cell) phones, a wealth of information and content is now at our fingertips. Looking to past events like the Arab Spring, the Twitter-borne trend of Egyptian people calling for accountability of their government later spread throughout the entire Middle East, Just as cellphones have revolutionized communication for the individual, so too is crypto revolutionizing finance for the individual, with similar calls for monetary reform and Bitcoin/crypto acceptance likewise springing to life on user-focused platforms like Twitter.
IV. Virtual reality (VR) has a place in our society.
In Steven Spielberg's 2018 film, Ready Player One, the vast, expansive virtual world provides seemingly endless opportunities for those involved. How far off the mark is this prediction? Answer: likely not very far. With the internet bringing together virtual communities of people with a common purpose, whether working remotely or simply discussing the latest sporting event, the internet is making our world increasingly easier for one to not only navigate but also find a niche. Therefore, Palmer is wholly accurate in predicting the viability of communities like DAOs to be able to shift over to an increasingly encompassing environment of virtual reality; likewise, in such an atmosphere, we can expect crypto usage to closely follow virtual avatar customization, interactions, and user preferences.
V. Money is evolving: universal digitization outpaces factional physical currency.
Most recently, in June of 2011, El Salvador's President Nayib Bukele's motion for his nation to adopt Bitcoin as legal tender was passed by way of majority in the Salvadoran Legislature. This bold new move demonstrates the desire for more a durable, global currency - more and more audiences the world over are changing pace to this exciting, unifying, and ever-expansive world of cryptocurrency.
Overall, Palmer's assessment of crypto as a means to achieve modern-day consent of the governed is wholly accurate. Discounting the inevitable, knee-jerk cultural inertia - a part of society's response to any emerging cultural development - crypto will continue to act as a self-promoting, and thereby, self-fulfilling prophecy.
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