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Comment by seydor

2 years ago

The EU has an elaborate system of VAT taxation. It is an accounting nightmare, but it is fair tax: every part of the chain is paying according to their value-add. Whole of the EU has it. If EU wasn't so anachronistic, the accounting for it could be completely automated.

But nobody ever thought to make a similar system to pay people for the value they add to the chain. On the internet it's possible, and many blockchain systems promise something similar. But big tech wants all the profits, from everyone's creations, all for itself. And governments are silently guilty standing in the background

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seydor

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mistrial9  2 years ago

> nobody ever thought to make a similar system to pay people for the value they add to the chain

of course, you are joking! look in the USENET news archives.. from the early 1990s.. you will see many proposals like "micropayments" .. later, even standards proposed. Also see the importance of "ad free Internet" and how certain govt-company groups try to add their own "ID" to people and machines.