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Man. Okay. The parent is right, you are crazier than i gave you credit for. Okay, I read all of your references, and besides the whole amazing arrogance piece,
by DannyBee 3y ago
Man.
Okay.
The parent is right, you are crazier than i gave you credit for.
Okay, I read all of your references, and besides the whole amazing arrogance piece, you fundamentally don't understand land disputes. Also, your references don't support any of your points in a meaningful way. Points 6-9 say nothing other than "blockchain is not immature".
It doesn't say "holy crap the world would be better if land was on blockchain". The referred to report doesn't say it either.
The whole thing reads like a serious case of NPD.
As a lawyer, let me try to help:
Putting land records on blockchain, and even turning land into NFT's that properly transfer when NFT moves is totally meaningless.
Land disputes are, 99.9% of the time, not about a lack of records. They are about a lack of caring about what the records say, and NFT won't fix that.
For example, when US states took land from the indians, it wasn't "hey we have no records that say you own this", in fact, the opposite - not only did they have records, the courts even said "yeah the indians own this, you can't take this".
The result was the state governments saying "yeah, we don't give a crap" and doing it anyway, and marching them out of the state.
This is repeated time and time again. It is incredibly rare to have a land dispute where the issue is "we have no records", or we can't prove anything.
If it was a bunch of NFT's, either it would be simply ignored (which is what happened pre-NFT's), overruled by some other chain that has more central control (IE a dictator creates his own chain and doesn't care about yours, even if everyone else does), or someone would just torture people until they transferred them. Yay, i'm glad you fixed everything.
Even if this was wrong (and it's not), the mechanics say that bona fide purchaser for value without notice take good and valid title, even against the people who had land stolen from them.
This, again, isn't due to lack of records.
The system isn't actually broken, it's behaving exactly as it is supposed to.
It just turns out that having land as NFTs or whatever doesn't change the fact that governments are sovereigns that can do what they want.
Somehow i suspect you think crypto will magically change this too - it will not.
At best, it will only change how formal a government exists, and even that's crazytown. In that world, the people with the most weapons and willingness to use them make the rules. Those are the government, defacto or not.