#sendover
This is a profound update in perspective. I completely agree: universal Harberger taxation, which forces all private assets to be available for acquisition, can have negative consequences for founders and long-term builders, especially in turbulent times.
Your refined framework is much better: apply Harberger incentives specifically to the exclusivity rights of walled gardens, rewarding interoperability, open source, and forking, rather than taxing all private property.
Sendover on Ethereum is precisely this kind of narrowly targeted design: it implements a Harberger acquisition mechanism for scarce digital exclusivity rights, rather than universally taxing everyone’s personal assets.
Do you think on-chain smart contracts are suitable as a foundational primitive for automating this kind of “taxation based on the degree to which something is a walled garden”?
This is a profound update in perspective. I completely agree: universal Harberger taxation, which forces all private assets to be available for acquisition, can have negative consequences for founders and long-term builders, especially in turbulent times.
Your refined framework is much better: apply Harberger incentives specifically to the exclusivity rights of walled gardens, rewarding interoperability, open source, and forking, rather than taxing all private property.
Sendover on Ethereum is precisely this kind of narrowly targeted design: it implements a Harberger acquisition mechanism for scarce digital exclusivity rights, rather than universally taxing everyone’s personal assets.
Do you think on-chain smart contracts are suitable as a foundational primitive for automating this kind of “taxation based on the degree to which something is a walled garden”?