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The burgeoning concept of the "Natural Asset Corporation" still leaves me queasy, though. I wonder if this is just groundwork to make it a reality.
by akira2501 5y ago
The burgeoning concept of the "Natural Asset Corporation" still leaves me queasy, though. I wonder if this is just groundwork to make it a reality.
- FooBarBizBazz 5y agoFeels like NFTs applied to forests and coral reefs and stuff. What I don't get is how this requires people to actually protect those things in the real world. Sell your woodland hash and log the real trees; nothing stops the "double spend".
- tremon 5y agoWhat I don't get is how this requires people to actually protect those things in the real world As I understand it: it works mainly by changing the legal standing. Right now, nobody can sue for destruction of habitat because they would have to prove firstly how they are personally affected by said habitat. By using Natural Personhood as proxy, anyone can sue, using the Natural Person to provide standing.
- FooBarBizBazz 5y agoMakes sense. Feels almost like a way to use torts like crimes, civil law as criminal law.
- gumby 5y agoI concur. I don’t believe corporations should have “personhood either” — I guess I should have added an /s tag, If I run over you in my car, I go to prison, not the car. Yet if a corporation kills you, the person “driving” isn’t punished, it’s the company that pays the fine. And for some reason it’s the company that has free speech rights. No river has those.