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Blog iconShriram
Apr 3

Using Cryptocurrency to Strong-Arm Prudent Policy Decisions

Summary: I believe that policymakers can leverage the benefits of transparency and neutrality offered by cryptocurrencies to better align economic incentives for prudent policy decisions.IncentivesAt their core, I think incentives represent a way to weaponize a personal psychology to get someone to act in a specific way. Most basically, this creates two corollaries: (i) The less someone originally wants to do something, the more powerful the psychological weapon has to be, and (ii) People who...

Shriram

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Shriram

College student, web3 novice, futurist

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Shriram

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