We would like to quote a section of the essay we published in this post which seems particularly aligned with the debate around the necessity have a legal defence, or not.
C: Sovereign Authority: The key element to highlight here is the notion of sovereignty. For an entity to be recognized as a state, it must exercise effective control over its population and territory, while having the capacity to manage its entire state sphere. […] The crucial question now is whether we will allow centralized entities to govern these territories as sovereign authorities, or if we have the opportunity to lead a revolution using blockchain technology.
Source: [ESSAY] Cosmos Hub: The First Democratic State of Capital
Given the previous quote, it becomes apparent that existing states are unlikely to acknowledge a new digital peer. This raises the question of whether we truly need this approval. At this point we see two types of possible responses:
- Advocates for approval may argue that a legal representative is necessary to defend against potential attacks from established governing bodies.
- Conversely, proponents of the Blockchain governance as a revolution may argue that any attempt to comply is futile, as no court is likely to grant the recognition sought. From this perspective, the Hub is already sovereign because its constituents recognize it as such, rendering external recognition unnecessary.
Our personal stance aligns with the latter viewpoint. We firmly believe that the Hub is sovereign, transcending the governance of existing states. Nonetheless, individuals affiliated with this digital state are also subject to the legal frameworks of their respective physical states based on residency. However, the legal systems of these independent states should not dictate the governance of the Hub, especially considering the dispersed nature of its constituents across various physical states. Should a significant concentration of constituents reside in one specific physical state, potential conflicts may arise. We do not perceive the Hub to encounter such issues currently, leading us to conclude that, at present, the Hub does not require legal representation.
Thanks for reading, feel free to reply if you have arguments to support or oppose our assessments!
Govmos
