The Future of Governance is in the Blockchain.

I was walking down the street, thinking about the police state that America has become. I was bummed. It seemed like everyone continues cheering on the police state that America has become. Outside protesting the new jail that will waste millions in stolen taxpayer funds, and on top of that saddle the municipality with debt, I realized something. It did not matter. Yes the government cronies will have their time, but with some effort on the part of crypto anarchist, it will not last. I figured out that the court house, the regulatory bodies, and everything around me were spooks, that they would be displaced by the blockchain soon.

You see, the blockchain is the game changer that hardly anyone is talking about. People talk about Bitcoin and it's potential, but the blockchain is much bigger than that. People have talked about general applications of the blockchain, but no one is thinking bigger: abolishing government. If one of government's main functions is obsolete, we are one step closer to complete self ownership. And as usual, the market is more efficient than government.

The blockchain can be applied to numerous applications, such as property title registration, air wave spectrum registration, boat registration, things that are of public record, among other things. This is just the start. Blockchain mining could be a way of voting via the market. Miners could decide to participate in a blockchain or not to, thus either encouraging a rule or discouraging it through the competition in the marketplace of ideas. Further this can blossom into many private associations that can indirectly eliminate the need for government.

The cost for record keeping would likely be less than it is under government administration, since it would be a matter of public record, versus private records, which require clerical staff to maintain. Further, private records could be maintained in the blockchain through encryption and other means. In addition, records would be kept more accurately due to being transmitted digitally as well as the profit incentive. Further, that does not take into account mission creep, the open source nature of the blockchain or other factors.

Finally, rule making would be smarter. Because data could be transferred more efficiently and when combined with open source software, data would be of public record (which would open false data to scrutiny) , and would be less costly to gather since it would be collaborative (and more than likely open source).In addition, evidence for cases could be scrutinized in the blockchain. This would reduce the need for a jury and open up scrutiny of indiscretion in cases. This could also apply to civil cases, but would be more likely to be more limited blockchains. With less need for compliance due to private alternatives, organizations could invest more in in what they do best, instead of keeping up with regulations.

This is just the beginning. Do you have any ideas how the blockchain could be expanded beyond just bitcoin? Reply in the comments to discuss how the future is in the blockchain.