Could blockchain serve as a remedy for the State Legitimacy Issues?
I am not an advocate for anarchism and thus do not contest the state’s existence. However, I question the State Legitimacy issues on certain matters.
How is it justifiable for the state to implement policies impacting my life without my consent, or to make decisions on warfare? How can it be responsible for causing infrastructural or environmental catastrophes that burden us for centuries?
No political party discloses the potential disasters of their governance when soliciting our votes; had they done so, informed decisions against them would have been made. Supporting certain actions does not equate to endorsing all its conduct or future actions.
Decades ago, the only viable solution seemed to be democratically elected governments, legitimized by the populace for set terms.
Currently, democracy’s legitimacy is under threat. Mass protests against governmental decisions are a common sight, and although they might appear anarchistic to some, the question arises: shouldn’t the public be reconsulted on life-impacting decisions?
Years back, public involvement in governance was impractical and costly due to physical constraints, but that’s no longer the case.
Blockchain technology offers a potential solution through its transparent and secure framework. It facilitates real-time voting, ensuring that, like in ancient times, all transactions are transparent and recorded on a blockchain, visible to all, fostering genuine participation.
Blockchain records every transaction, enhancing the transparency and accountability of local governments, ensuring fair and secure elections, and maintaining accurate property records.
It also streamlines processes like transaction automation via smart contracts and budget management auditing, thereby increasing local government efficiency.
This approach could lead to more effective resource management and community quality of life improvement.
In essence, while systems evolve, seeking permanence is an exercise in futility. If blockchain technology promises better infrastructure investment and tax utilization, it earns my support.
