It’s not much, but if you submit a grant proposal that Scott accepts, and it has to do with anything related to what I brought up in the linked comment chain , or any research that could either validate or falsify practical predictions of various Georgist policies, I’ll contribute $1,000 of my book review winnings to your grant.
As well as my attention, personal network of wonks, and anything else I can do for you.
- Ethereum Name Service, DNS fosters land grab mechanics
- Q: How to fair-ly assess benefits (improvements) from a domain name, vs speculation?
- How can assessment of domains be done?
- What separates twitter.com from moo.com? The company that put in a ton of work into twitter. But twitter & moo are both basically the same worth, starting out
- Assessments seem to be a sticking point in real-world implementations of LVT too?
- Proposal 1: Anyone can submit a bid for a particular parcel of land; if the owners don't accept, then that becomes the new basis for tax rate.
- Subpoint: When you "buy" a piece of land, eg get an URL from the registrar, you're actually renting it for a fixed amount of time.
- Benefit of fixed amount of time: stability, predictability, low costs, incentivized to work on that land, optionality (capturing the upside) ⇒ this is also a speculation cost
- Another model: holding funds inside the parcel, so that it can be paid out for "land tax" later. A high bid can shorten your remaining ownership time?
- Proposal 2: Use dictionaries to generate popularity mappings of certain words, or Google search results, etc.
- Thinking: Trademark allows you to carve out a niche, prevents consumer confusion. Don't want a lot of churn, in general, for things that are popular in use but not fundamentally expensive
- Motive: austin.eth is taken by some speculator
- Q: How much of high house prices is speculation, vs restrictive supply policies from govt relative to high demand?
- Is there a difference? Assuming restrictive supply policies are voted in by "speculators" aka homeowners and homebuyers?
- What is the value of speculative work? The value of "investment" work is in efficiently allocating capital (hypothetically), is there value in speculating on land?
Also: austin.io is completely unused...
- I don't think this is super compelling?
- At least: can mitigate or produce an ecosystem that is more stable than always churning
- Speculation is indicative/byproduct of a successful ecosystem (aka good problem to have)
- Speculation is fundamentally a driving force behind blockchain