-
@ kman2140
2025-04-16 03:10:38In a time of political volatility and declining public trust, Australians are looking for leaders who don’t just talk about accountability—but prove it. It’s time for a new standard. A protocol that filters for competence, responsibility, and integrity—not popularity alone.
Here’s the idea:
Anyone who wants to run for public office in Australia must stake 100Ksats to a public address and maintain provable control of the corresponding private key for the duration of their term.
A Low Barrier With High Signal
The amount—100Ksats—is modest, but meaningful. It isn’t about wealth or exclusion. It’s about signal. Controlling a private key takes care, discipline, and a basic understanding of digital responsibility.
This protocol doesn't reward those with the most resources, but those who demonstrate the foresight and competence required to secure and maintain something valuable—just like the responsibilities of public office.
How It Works
This system is elegantly simple:
- To nominate, a candidate generates a keypair and deposits 100Ksats into the associated address.
- They publish the public key alongside their candidate profile—on the electoral roll, campaign site, or an independent registry.
- Throughout their time in office, they sign periodic messages—perhaps quarterly—to prove they still control the private key.
Anyone, at any time, can verify this control. It’s public, permissionless, and incorruptible.
Why This Matters
Private key management is more than technical—it’s symbolic. It reflects:
- Responsibility – Losing your key means losing your ability to prove you’re still accountable.
- Integrity – Key control is binary. Either you can sign or you can’t.
- Long-term thinking – Good key management mirrors the strategic thinking we expect from leaders.
This isn’t about promises. It’s about proof. It moves trust from words to cryptographic reality.
A Voluntary Standard—for Now
This doesn’t require legislative change. It can begin as a voluntary protocol, adopted by those who want to lead with integrity. The tools already exist. The expectations can evolve from the ground up.
And as this becomes the norm, it sets a powerful precedent:
"If you can’t manage a private key, should you be trusted to manage public resources or national infrastructure?"
Identity Without Surveillance
By linking a public key to a candidate’s public identity, we create a form of digital accountability that doesn’t rely on central databases or invasive oversight. It’s decentralized, simple, and tamper-proof.
No backdoors. No bureaucracy. Just Bitcoin, and the competence to manage it.
Bitcoin is the foundation. Asymmetric encryption is the filter.
The result? A new class of public leaders—proven, not promised.Let’s raise the standard.