4 ms·

This leads to a system where people will vote only on the issues that affects them, which is a core principle of the panocracy system [1]. The problem with fut

This leads to a system where people will vote only on the issues that affects them, which is a core principle of the panocracy system [1]. The problem with futarchy is that if the betting works with money, it will ultimately lead to a plutocracy. But this could be avoided if there would be some form of "voting credits", so that every citizen has a ceratin credits to bet per year/month/... The winning bets could then be paid out in money. [1]: http://en.panokratie.net/ http://en.panokratie.net/

darkmighty 13y ago
This would lead to non-expert masses (irrationally) giving a lot of credit to certain groups. It's a delicate issue, because you need to provide a long term stake to force the decisions to be optimal (so future welfare is evaluated correctly and optimized), but at the same time paying off those stakes leads to an unstable plutocratic scenario. Some kind clever compromise could probably be reached, I think, and this is one of those wonderful ideas that will never be implemented.