It’s just not practical. How can the average person have simple things such as a family or money if they are unable to negotiate what precisely these are? Going along with regulations which are themselves dubious can amount to incriminating myself anyway. If I lack the agency to work out my obligations with others directly, then I don’t really exist socially, and it doesn’t matter what happens to me.
When the regulations which exist purportedly to make dealings equitable are themselves predatory, then people being willing to try something else can be seen as a civic duty. Whether or not it is fair for the participants means a lot more than whether some removed peanut gallery approves of it.
Basically, if people obey unjust laws instead of living equitable lives, then they are implicating themselves in the injustices it perpetuates.
Given that remittance is so easily gamable, and has been for thousands of years, yes we as a society have handed over part of that responsibility to regulations. In a similar manner to basketball players hand over personal agency to refs.
Come up with a new financial service, and in 15 minutes I guarantee you I will game it. And I’m not one of the smart ones.
Finance is all “game”, pretty much by design. People who suppose that it matters how much money they do/don’t have miss the point. I’d prefer to eventually replace it with something more scientific.
For the first, they meet someone, have sex, and reproduce…for the second, they exchange something in return for little pieces of paper or other things that represent those pieces of paper. They often do this while working for another person or organization. We call it “having a job.” They then take these pieces of paper or their representations and exchange them for food or shelter (along with other services).
Go for it. I support you making a new institution. I’m just saying that if you aren’t careful, you’ll wind up in court, bankrupt, or in jail (or possibly all three!). The government doesn’t kid around with financial regulations given that money is where all those taxes come from…
Try it as either some local project (Ithaca dollars? Something along those lines?) or go into the realm of cryptocurrencies (and be wary of the traceability of the blockchain of Bitcoin, and/or aware of the other cryptomoney systems with higher level of anonymity).
Worth a test, whatever it is, I’d say. Start small-scale, to debug the theory; assumptions have to be tested well. And stay under The Man’s radar or at least jam it well.
