The Post-Bitcoin Jurisdiction
or how will we govern outselves
The communities formed online have their own policies, they Ofcourse are subjected to their country’s laws, but they are the first look into what the future jurosdictions will look like after bitcoin becomes money.
Either world governments will charge minimal tax for public security or some one else will come up with solutions to the public security problem, I think governments around the world will figure out that they can’t track their subject’s wealth.
For the most of us (who don’t have cases running in the apex courts) the Jurisdiction that applies is the local one which is not the Police Office but your Company’s or School Office.
If Police have to pickup a student from the University, they have to ask permission from the Pricipal. Same with the employer’s. So in this age, the ultimate authorities are double fold, the education system and the Company structures.
The power of the corporations is two fold, the Distribution/Network & the cashflow. The moment when the bitcoin start to become money (sooner that you think, xoxo lightning), the Companies will start operating in Bitcoin and the government’s authority will be shaken as government schemes will start to change when the Tax money stop flowing in.
Emergency services like the fire department, the paramedics, water, electricity will all be privatised.
The communities formed by forums online and Elsewhere will decide which product and services be good for them, and marketing will just mean communication to these communities.
Now the land is allotted by governments, I think future communities will look like what this free cities white paper says:
https://free-cities.org/free-private-cities-whitepaper/
Social Welfare
Free private chattered cities and towns will emerge and take care of public welfare.
Post Office
The PO networks are probably the best thing governments did, soon they will hike up the prices and charge the invoices in lightning.
Useful services and products like these will loose government subsidies and will likely be the alternate to sales and indirect taxes.
The oil and the factories
Some new stuff is discovered or invented, it gains traction and eventually governments regulate via laws and taxes (sales, excise, cess, customs etc).
But once the governments treasuries loose the tax money, it will become difficult to inflict direct and indirect taxes.
Online communities will buy land and form communes
We do a lot of stuff via internet and a lot has been decentralized but we still do offline conferences, there is some wisdom there probably.
