What’s the difference between bribing a politician and lobbying to get to the same outcome?
Sounds pretty much the same to me tbh
It’s wild if you think about how normalized “lobbying” is.
Seriously interested to learn more..
Discussion
At least bribing is honest manipulation
Somebody same picture meme this... I'm busy
🤔
The latter is the evolution of the former to better fit within social norms of the time period.
Lobbying is theoretically at least transparently out in public, and verifiable by public. THEORETICALLY...
Practically, it increases the supply of the corruption favors.
Just because I accidentally ordered two lobster tails doesn't mean one should go to waste, and btw, have I told you about this 400 page bill I was just doodling on some napkins and would love for you to endorse?
The difference is gray, but in theory the politician's causes can be supported without direct financial gain to the politician. They are the same thing in the end. Power, money, influence, information.
Insider trading seems to be one of the more common bribes and as I understand it's legal for congress, which is a huge problem.
Bitcoin is the ultimate bribe tool. A politician can be handed bitcoin in a way where they can verify that they own it, but no one else knows.
As a result, bitcoin will compromise the entire corrupt structure and take over the incentives.
This will also work temporarily for the shitcoins, but the real value and attention will converge on the best asset in the end. The most saleable will win.
Ultimately the issue is not the ability to bribe a politician, there will always be ways to do favors for influence. The issue is that any individual can have such massive amounts of unchecked influence and utilize it to control others. The smaller the government the less corruption will exist.
Bitcoin will accomplish that in my view.
I’ve always thought of that. Back home this is bribery. I learned this “lobbying” word and my mind was blown when I made the connection
Bribing is more honest
They are the same picture.
But it's all down to secrecy of ballot. If we had secret voting in parliament there would not be incentives to bribe or lobby (same shit) because you couldn't verifi if the bribed person actually voted the way you wanted. James D'Angelo had a few nice explainers...