Hive Nation: A Real World Community
We discussed the concept of the network-state on a number of occasions. This is something that we started to explore a couple years ago. Over that time, we saw the advancement of the blockchain world only grow.
There are a number of different things taking place in the world that make this concept even more intriguing. What if a network-state such as Hive was not only in the digital realm. We already see where community members in certain geographic regions are already partnering up, creating offline epicenters.
Could this being take to an even great level?
That is what we are going to explore in this article.
One of the major issues confronting many nations, especially in the developed world, can be honed down to demographics. It is no secret that fertility rates fell through the floor. This put Japan, China, Russia, Germany, Italy, and Canada in a tough situation. So far, only Japan went over the cliff but others are soon to follow.
This situation was compounded by the fact that, in many countries, we saw urbanization. People migrated from the rural areas to urban, seeking out better employment opportunities. While this situation could reverse, when teamed with the demographics, we see some issues arising.
One major situation is that many rural towns are dying, literally. We have population centers dropping my a large amount. Schools closed as children moved away, never to return. This is obviously having an impact upon the local economies as some are resorting to giving away homes in an attempt to lure new residents. Obviously the homes fall into disrepair, creating a host of other problems.
Both Japan and Italy has turned to these measures. In fact, in Japan, these homes are called Akiya.
My theory is that governments will have to take a new approach as this demographic problem spreads. There is going to be competition for residents, especially those who are bringing in resources. After all, one of the major economic problems confronting these areas is a dwindling tax base. Politicians always need money.
Could we see this play into the idea of a "Hive Nation" (or municipality)?
Another factor that we know is going to only accelerate is the power of digitization. This is not slowing down anytime soon. Over the last 15 years, we saw digitization enter more of our daily lives. We can only imagine how this will unfold over the next couple decades.
One recent factor is actually in line with technological trends. While Elon Musk is a proponent of being having to come into the office, the reality is remote work is here to stay. For a variety of reasons, people are not going to be commuting an hour plus (each way) to work. Those who are able to work remotely will do so.
This is just one change that technology is bringing to the table. How many others are we going to see?
While the hype faded, we know mixed reality is going to occur. When and how this will look exactly remains to be seen. Nevertheless, this is only going to move closer as computing power increases.
All of this brings us back to blockchain. One of the most appealing aspects to this is the concept of Web 3.0. To me, this stands to alter society completely. The amount of wealth that can be generated will dwarf what the Internet produced to date. More importantly, we also see an ownership model which distributes the value on a wider scale.
This is the springboard for even greater innovation. One of the keys to economic growth is the velocity of money. With individuals receiving a larger percentage of the online world, one that is moving at even faster speeds, we can see how this can correlate to even greater output. Combine this with ever more advancing technologies and we see how the cap was removed.
The bottom line is we have to live somewhere. Unless you buy into the idea that we will simply be uploading ourselves, the reality is we are biological creatures. This means that our bodies are going to operate in some physical location. What gets interesting is the fact that our lives are more digital.
What about the concept of building a geographic area around Hive? Why not take this online concept and push it into a local community. Imagine the idea of 100 (or 500) families of Hive get together and locate into one area. If that is one that is on the decline as mentioned above, there is a sudden shift in local power.
Of course, we can then start to implement some of the governance mechanisms into the real world. Voting can take place on-chain, ensuring real time, transparent elections. Surveys or polls could be taking regularly on decision, providing democracy like never before. Blockchain funding can be utilized to pay for many necessary projects, reducing the need to depend upon taxes or debt.
The community is, by default, a part of a larger economy. Since it is tied directly to Hive, the local economy is not dependent solely on local resources. Instead, it is accessing the global network of value created by those on Hive, regardless of where they are located.
Under this scenario, when people walk out their doors, the neighbors they see will most likely be Hivians.
This could radically transform the local system. Whatever the national currency, that would be secondary to something like HBD. Instant settlement could be available to every merchant. There would be no need for local financing institutions since DeFi would be available to all. The Web 3.0 experience would be pulled into the physical experience.
Is this a pipedream? At this moment, of course. However, future realities often start in just this manner. If we discuss it, actions in that direction can be taken.
What would all this entail? It is hard to say at the moment. However, since we are at the early stages, we must focus upon the Web 3.0 design first. That said, if this takes off, we might be able to foster larger projects.
A real world Hive community.
It has a nice ring to it.
If you found this article informative, please give an upvote and rehive.
gif by @doze
logo by @st8z
Posted Using LeoFinance Alpha