New Australian Political Party Claims Bitcoin Will Bring 'Democracy 2.0'
A new political party in Australia wants to replace the existing political system with a system that allows people to vote using bitcoin, according to Reuters. The Flux Party believes that voters can use bitcoin to grant votes on legislative proposals. It believes bitcoin will enable representative democracy in the information age. The party’s goal is to elect six senators who will not propose policies but will vote on legislation at the direction of their members, who will deliver votes on every bill online. “If they didn’t have to be senators, if they could just be software or robots....
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Max Kaye is an Aussie with a passion for Bitcoin. He is currently working to bring a novel political party, the Neutral Voting Bloc, into existence using the bitcoin blockchain turning it into a political party of the future. He occasionally writes in his free time on subjects within the union of computer science and economics. An aspiring social entrepreneur; Kaye seeks growth in culture and society over account balances, and looks forward to the novel opportunities afforded within a Bitcoin based economy, including exciting restructurings of society. Kaye describes the Neutral Voting....
A party standing in next week’s Australian election wants to hand voting power directly to its members, exercising and trading political power with verifiable transactions on the Bitcoin blockchain. State of Flux: Vote Blockchain. The party, called Flux, is running 13 candidates for the Australian Senate (the parliament’s upper house) in the federal election to be held on July 2nd, 2016. Flux’s ultimate vision is idealistic and ambitious: it seeks to completely replace the representative systems that currently govern the world’s democracies. It wants to give people a direct say on issues....
There’s a new group from Australia that calls itself a “Governance 2.0” created by two Bitcoin consultants from the region. The group is called Flux, and they are looking to make a statement during the 2016 election cycle with what they call an “Upgrade Democracy.” Flux will use a “vote token” that will be traded between citizens and party members making....
A new Australian political party has proposed the introduction of a token-based political system based on the concept of decentralised blockchain technology. Called the Flux Party, the new entity has already attracted more than the 500 members it needs to potentially place senate candidates on ballots in all the country's states. However, the party's immediate goal is to try and elect six senators, according to Reuters. Notably, the Flux Party will be free of its own policies, instead opting for its senators to vote for or against legislation at the bidding of token holders. Party....
By using the concept of Bitcoin and blockchain technology, real democracy can be reinstated in the world of politics. The concept of Bitcoin and blockchain technology can be used as an example of how to revolutionize certain aspects of life. Politics are a very likely candidate, as the way we vote or create political parties needs to be revamped. The Flux Party in Australia is taking that principle to heart, as they are labeling themselves as the “Bitcoin of politics”. Quite a bold statement but their ideology holds particular merits that are worth exploring further. If The Flux Party has....