Resilience – A new voluntary tax system

by Johan Nygren

In contrast to other tax-systems, Resilience has no problem with crypto-currencies, since it uses consumer-producer feedback loops instead of top down coercion. The consumers seek out and give positive feedback to companies that pay high dividends, and filter out those that do not want to pay dividends.

The consumers, by seeking out companies that pay high dividends, act as miners in the global market, driven by the incentive basic income as a reward.

Think of it as turning the traditional taxation system upside down. Dividends move from companies to people, and the people can then have their share taxed by their peer-network, if they’ve made such an agreement. People become the new middle-men.

Trans-national, borderless corporations can be ‘taxed’ by their consumers, and the consumers can in turn be taxed if they’ve made agreements with their peers to put a percentage of their dividend-yield into different public services.

Through enabling the global network to tax both crypto and transnational corporations, this new system dubbed “Resilience” is the logical conclusion to taxation in the post-fiat era.

My Resilience is agnostic about what happens after consumers have received their ‘shares’. Todays nation-states could use my system, and mandate that their citizens give 50–70% to the nations tax-budget. Their citizens would still receive enough basic income to stay incentivized to ‘mine’ altruism. Future peer-nations could use other types of tax-agreements, or use none and rely on intrinsic donations.

There could be some form of incentive-program built into this, so that someone who donates a lot gets some form of reward, or that others in their vicinity get ‘forced’ to donate part of their share. I’ve been thinking a lot about that. But, I don’t know if that’s necessary. The share is a share, it’s a birthright, and I personally want to see the Bitnation Space Agency expand their dream of space and could easily donate 10% of my own share to that even if no one forced me to. I think that, since the share is a form of reward in a sense, there’s a really low threshhold for donating part of it.

– From The Resilience protocol — Growth through Natural Selection

https://medium.com/@resilience_me/the-new-taxation-system-resilience-d86b7dca8871

Erik Vollstädt July 28, 2015 Articles

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Erik Vollstädt

Bitnation Lead Ambassador and Community Director. Born 1993, aspiring entrepreneur and champion of voluntary societies & private property ethics. Proponent of counter-economics and competing market currencies, such as cryptocurrencies. Represented Bitnation as Lead Ambassador since 2015 at the Riga Bitcoin and Cryptocurrencies Meetup, the iBGEk basic income stage discussion in Klagenfurt (Austria), the Cointelegraph Blockchain Conference in Helsinki, the Zündfunk Netzkongress in Munich, at itnig for the Barcelona Bitcoin Community during the Mobile World Congress 2017 and at the Bitnation DevCon 2017 in Amsterdam. Author of the Bitnation blog. Media appearances include Shift (Deutsche Welle), Der Fehlende Part (RT Germany) and Zündfunk (BR2). Coordinates Bitnation's ambassador network globally and organizes meetups all over Europe. Graduated in Business Innovation & Technology Management (M.Sc.) in Girona (Catalunya, Spain). Wants to live an international lifestyle.