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The first law of civilization in our world is changing from "gifted human rights" to "chain granting human rights".The emergence of blockchain makes the distribution order of resources more controllable.For the first time, man was so close to God.Without any messenger or spokesperson, every individual can enjoy the flow and use of all the human resources around the world.All this depends on the whole process distribution of the encrypted world.
Who exactly is the land to?Humans have used thousands of years to answer this one question.The simplest answer is that the land should belong to every industrious and self-supporting worker.Unfortunately, the reality is far from this. We see that most of the working people still live in a narrow living environment, while a very few privileged people control the vast majority of the world's land resources through various ways of light and shade.
Excessive concentration of resources is bound to eventually lead to the decline of market vitality.Land was originally the mother of wealth, but human beings roughly used it as a fertility machine, constantly killing the goose after the wealth of the land fell into the hands of a few people, while the debt belongs to the most ordinary working class.This article describes the subversion of the land financial power of the crypto world and the infinite vitality of the innovation of the future governance paradigm.
The evolution of neoliberalism: the rise of crypto liberalism
Liberalism gave land finance leverage, while financial power was long controlled by governments endorsed by citizens.In other words, the dual control model allows land to circulate in the market and become a form of wealth.But the middle layer of the government is a black power box, and most people outside the box don't know how it really operates.Therefore, liberalism in the lack of government self-supervision is often prone to collusion with capital or power rent-seeking phenomenon.
The advent of blockchain gives individuals the opportunity to monitor power black-box operations.In the perfect state, if all the governance decisions and implementation of acceptance are running on the chain, then it also means that ordinary people can view all the public funds running above.In other words, if ordinary people want to buy or trade in fixed assets such as real estate, it is completely feasible to empower and trade on the blockchain.
At this point, we find that many classical economics say that solutions are more optimal in the crypto world.Because in the economics of crypto liberalism, smart contracts replace the government as the governing body of reality, and the public chain replaces the traditional civilization framework confined to the geographical environment. Crypto liberalism arises at the historic moment. It is in the context of this order reconstruction and civilization optimization that the flow of factors and production efficiency are further improved.
Blockchain has changed the international trade between countries, and it has also changed the so-called "factor endowment of a country".Elements are elements, and the distribution power may be gradually transferred to DAO organizations that are more convenient for citizens to exercise power.The success of each other, a DAO, is whether it can schedule and allocate resources faster than other organizations.
Second, the Internet power fails, and the organizational legacy is taken over by the DAO
People in the Web3.0 world tend to see the ecology of different public chains as a multiverse.In my opinion, different DAO organizations are more like the multiverse.People form DAO due to their different survival and life orientations.For group purposes, they often present multidimensional arrangements.
Imagine that the cities in the traditional world are all arranged on the platform of the earth.But the DAO has completely changed the definition of a city settlement.Encrypted native residents can simultaneously live in different DAO's in the encrypted universe for different purposes.People can live in different dimensions and in different positions at the same time, and everything is done to make an individual's life better.
Internet companies once promised to delegate power from a small number of users, but today, we see Tencent, Alibaba, and Byte actually returning power to the hands of a few people.It's no exaggeration to say that the false promise of Web2.0 is completely bankrupt.Establish monopoly power and charge high fees from each transaction of users.The existence of Web2.0 middlemen declared the failure of decentralization.
The DAO movement is democratize organizational governance.With the DAO, all investors can vote on the organization's decisions. DAO democracy is definitely not populism, and some people try to use this to attack DAO. Because the DAO's leadership structure, expertise, and accountability can be self-correcting, rather than making big decisions on long-term issues.The DAO forces organizations to provide decision grounds and proof to trustees within the organization and get a majority of votes, ensuring that better solutions can be developed under this system.
Soon the DAO will now challenge public companies directly, followed by some countries and governments.Currently, token-based DAO organizations are booming to attract trust and money, and more disruptive projects will emerge soon.
Third, the birth of supranational order, the chain transaction empower citizens
The current traditional financial markets are completely concentrated under the control of government regulatory entities and multinational financial oligarchs.Banks and credit card companies have authority over the authentication layer.We need to first prove our existence to these before we can be granted a line of credit.
In sharp contrast, the blockchain is completely decentralized. DAO provides a new path to modernize organizational and corporate governance.The NFT provides creators with the tools to get better pay.More and more companies continue to add more to their blockchain hardware services, which will reduce transaction costs and improve security.These will ultimately prove meaningful.With land external innovations expanding at a similar rate, these project innovations will be presented in the following series of articles.
In 1926, Keynes published "The End of laissez-faire" noting the government responsibility to maintain full employment and make the investments necessary for growth.Half a century later, the vast majority of neoliberal economists abandoned the Keynesian doctrine and also abandoned the need for actively intervening government.They argue that the self-regulation of a capitalist market economy can automatically achieve an equilibrium.A hundred years later, blockchain has spawned crypto liberalism.
There are a lot of governments and multinational corporations firmly encouraging sustainable economic growth.But classism, xenophobia, nepotism, and closed elitism will control the entire financial system toward corruption because they cannot be limited.Governments and multinational corporations are fundamentally becoming an obstacle to transnational trade.We must pursue the efficiency, transparency of a cryptocurrency, and its obvious compulsion.
The decentralized crypto world will be far ahead of the future.The government cannot contain this beautiful and efficient and innovative monster.Just as open source software transcends the natural limitations of centralized software platforms, blockchain technology also transcends traditional finance.Of course, we cannot deny that the ghosts of Keynesian and interventionism are also making a comeback in certain countries.In the current historical period of social agitation, what is the market economy?Who will define the market economy, these questions may rewrite the answers.
*The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of SparkDAO. Every investment and trading move involves risk, you should conduct your own research when making a decision.
