Weekly Roundup 04/21/23 (Harberger taxes, SEC v Bittrex, stablecoin hearing) (EP.419)
On The Brink with Castle Island
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The Orb: A Crypto Economic Experiment
The Harbinger tax mechanic is meant to achieve allocative efficiency and create a system whereby the person that most values the resource is the one that actually holds the resource. So you can imagine it in the context of domain names, like Google is very interested in owning the domain Google. It sort of penalizes people that build huge brands. Under a system like this, it would avoid squatting because the entity that most value the thing is the one who owns it.
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