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shared by Johann Höchtl on 27 Jul 10 - Cached

My idea for today is that established nations could launch startup countries within their own borders, free of all the legacy restrictions in the parent country. The startup country, let's say the size of modern day Israel, would be designed from the ground up for efficiency.
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The entire banking system would be automated. There would be no cash in the start-up country. You wouldn't need to "apply" for a loan because the virtual bank would always have a current notion of your credit-worthiness.
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The tax code in the startup country would be simplified to the point where residents might forget it exists.
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Most of what is scary about the government having power is the lack of transparency. The startup nation would have full transparency. Any citizen could log on to his computer and see what court orders had been issued for what videos and why.
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Arguably, China accidentally performed a variant of this experiment with Hong Kong. Oversimplifying the history, Hong Kong was part of China and leased to the United Kingdom for 99 years, like a startup country within a country.
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