The problem with this proposal is not that it’s a bad idea.
The problem is that you—a smart individual with no domain experience—can come up with an extremely sensible and pragmatic way to address a problem that:
Is causing over a trillion dollars of economic misallocation.
Has existed for 2 decades and gotten significantly worse over time.
Has reached a crisis point such that it has visceral effects on the day-to-day life of millionaires that they can’t buy their way out of (e.g. faeces everywhere, being attacked by crazy homeless people).
Has a laundry list of founders, VCs and tech CEOs desperately trying to solve it.
...yet is still not solved. Which should make you wonder, is a lack of sensible ideas really the main bottleneck?
The problem with this proposal is not that it’s a bad idea.
The problem is that you—a smart individual with no domain experience—can come up with an extremely sensible and pragmatic way to address a problem that:
Is causing over a trillion dollars of economic misallocation.
Has existed for 2 decades and gotten significantly worse over time.
Has reached a crisis point such that it has visceral effects on the day-to-day life of millionaires that they can’t buy their way out of (e.g. faeces everywhere, being attacked by crazy homeless people).
Has a laundry list of founders, VCs and tech CEOs desperately trying to solve it.
...yet is still not solved. Which should make you wonder, is a lack of sensible ideas really the main bottleneck?
cf. Inadequate Equilibria