The Nakamoto Consensus — How We End Bad Governance

We may think dictatorship is the worst:

1. Everyone and anyone can be overridden by one man at the top.
2. Laws can be arbitrarily changed on a whim.
3. Dictators are all about enriching themselves not the public.

Very few governments pass these attributes. But Apple is. Whole Foods is. Each product and price is a strict law declaring you must pay x dollars to get y. Our economy is run by companies ran by dictators. And we glorify the dictators of good companies.

How can a vast bundle of goods and prices produced by a visibly dictatorial, unpredictable, and greedy Apple government be any good at all? What is their secret?

It turns out there’s only one thing that guarantees production of good laws. The people bound by the laws have to agree to be bound by them. Not hypothetically or tacitly, as in some imaginary will of the people or behind a veil of ignorance. Consent must be real, transparent, and continuous. No law can bind a single person unless that person consents to be bound by that law. All laws must be strictly opt in.