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As you correctly write some crypto people really believe that. In reality you now have two regimes: The code and the traditional financial/legal system. If th
by arlcode 4y ago
As you correctly write some crypto people really believe that.
In reality you now have two regimes: The code and the traditional financial/legal system.
If there is a conflict the later will win (with all it's advantages and disadvantages)
- anonym29 4y agoThe latter's clearance rate for murders hovers a bit below 55% in the richest country on the planet. I wouldn't rely on any system that achieves a success rate in the vicinity of a coin flip for the most important challenges, and I certainly wouldn't count on it solving smaller, less significant issues with any reliability.
- throwaway290 4y agoWhich one is the richest country?
- anonym29 4y agoThe USA, unless something changed recently. Using GDP as the metric.
- throwaway290 4y agoNominal total GDP? Per-capita? By PPP? USA is only at the top in one of them. Which one is more relevant when talking about crime or justice system?
- anonym29 4y agoNominal total GDP, but you bring up a fair point. That said, I don't know that any of those are particularly relevant to criminal justice success rates. I imagine a metric like "average law enforcement spending per department" might be a good starting point, but would not necessarily account for efficiency or misuse. What metric do you think would be best, and how does / do you think the US scores on it, depending on the availability of the metric?
- throwaway290 4y agoSince high absolute GDP is achievable while having a lot of societal issues (cf #2 China), at least adjusted per-capita metrics seem to make more sense. In other words, I wouldn't say a #1 total GDP country having issues with murders and solving them is somehow a condemnation of legal system in general.