I have everything and complete privacy and life has never been better

This is a parody of the article post Titled “Welcome to 2030. I have nothing, no privacy, and life has never been better” by the World Economic Forum.

Welcome to Mars. Welcome to my city, or should I say “our city,” because I’m a stakeholder in it, like other residents. No, I don’t mean “shareholders” because this is not a dystopian future run by private companies. My city on Mars has a decentralized governance structure, just like the larger Mars. It is not a company, nor is it a militarized state. It is a set of institutions run directly by the people.

Because of this system, we have police who spread peace and not violence. We have a financial system that spreads wealth instead of creating poverty. Our institutions are open rather than closed, transparent rather than secretive, all of which make corruption nearly impossible. Our institutions are bottom-up and people-centred, not top-down and authoritarian.

It may seem strange to you, living in a world where you can’t afford a house, decent healthcare or a quality education. Even in so-called “free and open” countries, the incredible power of a handful of people leads to widespread corruption. This is because you live in a centralized world. You have two options: centralized private corporations or a centralized government with a monopoly on violence. On the other hand, we live in a decentralized city and a decentralized world.

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Decentralized government

In our world, it’s perfectly reasonable for everyone to say they have everything. Every product and service, at least all the most important, is provided by a decentralized organization—one that is not controlled by any one person or group and where anyone can get a stake. Of particular importance are these organizations, such as those providing public services. The constitution requires the implementation of one person, one vote management of commodities. This means that as long as you live in the organization’s territory, you can get the same shares in the organization as everyone else.

We not only meet our basic needs; we live in a Rich The world is thanks to technology far beyond Earth. That’s because on Mars, all technology is open source, which means there’s incredible competition to develop new innovative solutions, but every citizen can still get involved. This is all thanks to the advent of advanced financial operating systems in 2022, enabling people to profit from the creation of open source software. That year, a software (itself open source) was released that gave everyone free access to a peer-to-peer (P2P) economic system with no barriers to entry, and it went viral.

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free smart contracts

An essential element of the system is free and upgradable smart contracts. If you think about it, all of our interactions and communications are governed by contracts, whether they are written, verbal or implied. Even money itself is just a contract between citizens and the state to provide a stable medium of exchange.

Early versions of these “blockchain networks” have been released, but they are often very wasteful of energy (which is not suitable for the Martian economy) and require people to pay for every little thing they do. Imagine we want to allow citizens to vote in general elections on the blockchain so we can eliminate voter fraud. Forcing citizens to pay to vote would create unacceptable barriers to participation, and forcing governments to bear this cost would only reduce the capital it could use to provide valuable services to its citizens. Those issues aside, the more the platform is used, the more energy is wasted, a precious commodity on Mars.

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However, this new platform is completely free and efficient. Smart contracts that allow people to vote, create different kinds of money, and even share their ideas publicly are free to create and use. Just as the free nature of the internet has opened up a creative space for a whole new world of products and services—even new business models—the free nature of this blockchain opens up a similar creative space for an infinite variety of products. New solutions, that’s what’s driving the technological revolution on Mars.

While SpaceX clearly triggered Mars’ initial growth phase by transporting early inhabitants, it is this blockchain that enables these inhabitants to build an entirely new socioeconomic system, leading to an explosion in productivity while increasing personal freedom and privacy.

But take a ride on the next starship to Mars and experience it for yourself!

The views, thoughts and opinions expressed here are solely those of the author and do not necessarily reflect or represent the views and opinions of Cointelegraph.

Andrew Levine Is the CEO of Koinos Group, a team of industry veterans accelerating decentralization through accessible blockchain technology. Their base product is Koinos, a pay-to-use and infinitely upgradable blockchain with universal language support.