3 ms·
I think one of the biggest questions we are facing is how do geography-based governments make rules for interactions that transcend geographical boundaries? Wh
by jimkleiber 5y ago
I think one of the biggest questions we are facing is how do geography-based governments make rules for interactions that transcend geographical boundaries?
Whose laws apply when people from multiple jurisdictions interact with each other in a digital space? Which law takes precedence? I think we see this with property rights, privacy rights, workers' rights, business law, tax law, and so much more.
I think web3 may partially be driven by a desire to have a shared global system of currency, business registration, property registration, and more. For example, registering a DAO is global whereas registering a company, in the US, is at a state level.
I feel both afraid and excited at how we will start to more collectively govern global spaces.