armstrys on Nostr: I’ve always thought using transparent mechanisms like self-directed tax funding and ...

I’ve always thought using transparent mechanisms like self-directed tax funding and quadratic funding for tax dollar allocation would be a good way to increase public support. I’m pretty sure there are studies showing that people are more likely to pay if they know and approve of where their money is going.

Imagine you get to self-direct say 50% of your tax dollars and the other 50% goes to a matching pool that is distributed according to the cumulative choices of everyone (I.e. quadratic funding). 0% is arbitrarily allocated by politicians. This is extreme but a good example of a system you could build using nostr and bitcoin.