Close Menu
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Metaverse
  • Defi
  • Blockchain
  • Regulations
  • Trading

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins

June 6, 2026

Crypto exchanges are losing retail traders but are filling the gap with Wall Street-style bets

June 6, 2026

Bitcoin traders blamed Saylor’s 32 BTC sale but larger selling pressure built elsewhere

June 5, 2026
Facebook X (Twitter) Instagram
CredBit.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Metaverse
  • Defi
  • Blockchain
  • Regulations
  • Trading
Facebook X (Twitter) Instagram
CredBit.com
Home » Can blockchain be a solution to the state’s deepening legitimacy problem? | by Aysel (Victory) Sarıkaya | Write A Catalyst | Feb, 2024
Blockchain

Can blockchain be a solution to the state’s deepening legitimacy problem? | by Aysel (Victory) Sarıkaya | Write A Catalyst | Feb, 2024

February 10, 20243 Mins Read
Facebook Twitter WhatsApp Pinterest Telegram LinkedIn Tumblr Email Reddit VKontakte
Can blockchain be a solution to the state’s deepening legitimacy problem? | by Aysel (Victory) Sarıkaya | Write A Catalyst | Feb, 2024
Share
Facebook Twitter LinkedIn Pinterest Telegram Email
Write A Catalyst

I feel like there is no government or party in the world that can represent me. I’m sure there are millions of people who think and feel like me.

I am not an anarchist person. So basically I do not oppose the existence of the state. But I do not think that the state has legitimacy on some issues.

For example, how can he determine a policy that will affect my life without asking me? Or how can he decide on war? How can it cause infrastructure problems or natural massacres that we will have to pay for for hundreds of years?

While asking for our votes, no party talks about the disasters it will cause us. If he was talking about it, we wouldn’t have chosen him knowing that. Or, just because I find some of his activities correct, does not mean that I approve of everything he does or will do.

In the past, even 20 years ago, there was not much we could do to solve this problem. The most logical solution was governments that the people gave legitimacy to for a certain period of time. That is democracies.

But now the legitimacy of democracies is in danger. Millions of people are taking to the streets, disturbed by the decisions taken by their governments. To those looking from a distance, these people may seem like a group of anarchists. But shouldn’t they really ask the public again for the decisions taken? Especially for things that will personally affect their lives.

A few years ago, it was very costly and expensive to involve people in government due to physical difficulties. But not anymore.

Transparent and secure infrastructures can be created using blockchain technology. Voting can even be done instantly. This makes everything known as it was thousands of years ago because all transactions are recorded on a chain and visible to everyone. Real legitimacy is achieved through active participation.

Thanks to Blockchain, all transactions are recorded in a chain, enabling everyone to see and audit transactions, making local governments more transparent and accountable.

Blockchain technology ensures that elections are conducted fairly and securely while ensuring that property records are securely stored and updated.

Processes such as automating transactions through smart contracts and monitoring and auditing budget management increase the efficiency of local governments.

In this way, local governments can manage resources more effectively and improve the quality of life of communities.

As a result, systems come and systems go. Seeking permanence in this world is nothing but a futile effort. If there will be investment in infrastructure and the future, and if our taxes will be used better, I approve of this system.

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit VKontakte Telegram WhatsApp

Related Posts

California’s DMV is using the blockchain to prevent title fraud

July 30, 2024

What Are the Hottest Blockchain Stocks Right Now? 3 Top Pick

July 30, 2024

MetaCene and Mantle: Pioneering Blockchain Evolution in Gaming Industry

July 30, 2024

Argo Blockchain PLC Announces Private Placement With Institutional Investor

July 30, 2024

Transitioning from Miners to Stakers: Securing the Ethereum (ETH) Blockchain

July 30, 2024

This is How Developed a Decentralized e-Mail System Is on the Blockchain

July 29, 2024

Comments are closed.

Editors Picks

JPMorgan, Citi, and Bank of America Just Built a Tokenized Payment Network to Kill Stablecoins

June 6, 2026

Crypto exchanges are losing retail traders but are filling the gap with Wall Street-style bets

June 6, 2026

Bitcoin traders blamed Saylor’s 32 BTC sale but larger selling pressure built elsewhere

June 5, 2026

You Will Not Like Where Google Gemini AI Predicts Bitcoin Going in The Next 30 Days

June 5, 2026
© 2026 - credbit.com - All Rights Reserved!
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.