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155 - The Rise of Decentralized Social Networks with Farcaster’s Dan Romero
Bankless
Is There a Public Sector or a Private Sector in Cryptocurrency?
The Farkaster protocol could be configured in such a way that it has some sort of lightweight tax type system to pay for the public goods, which is maybe when you register your name or something. It was $10 in ETH per year. And this goes into a fund. If you multiply that by a large number of users, then you actually have a pretty good tax base in order to fund the public goods,. Of course, not those things, literally in this case, but the public goods everyone will share.
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