Before anyone gets the wrong idea, no, I’m not talking about the movie/show The Watchmen. I’m referring to the ancient philosophical question “quis custodiet ipsos custodes” or “who watches the watchmen”. Go read up on that elsewhere.

For those of you who don’t know and need a summary here, it’s a question often posed in reference to the fact that the person or people in charge of making sure the rules are honored have nothing preventing them from disobeying the rules. There’s never anything preventing the person guarding your treasure from stealing some of the treasure, for example.

What’s the best remedy to this that you can think of?

  • iii@mander.xyz
    link
    fedilink
    English
    arrow-up
    11
    ·
    edit-2
    23 hours ago

    Don’t put all your eggs in one basket. Spread your treasure over multiple watchman, each holding only a part. Keep a public reputation system for each watchman. Make the loss of reputation more costly than treasure to could steal.

  • Nakoichi [they/them]@hexbear.net
    link
    fedilink
    English
    arrow-up
    11
    arrow-down
    1
    ·
    23 hours ago

    Unironically communism. The more things are held in common the less incentive there is for people to steal, especially if you can ensure providing a decent or at the least constantly improving standard of living while making examples out of those who hoard wealth or violate the public trust (see china executing a few corrupt billionaires every now and again).

    • HobbitFoot @thelemmy.club
      link
      fedilink
      English
      arrow-up
      2
      ·
      22 hours ago

      This is more a question regarding political organization than economic organization.

      A one party state generally doesn’t provide the best checks and balances to itself.

  • InfiniteFlow@lemmy.world
    link
    fedilink
    arrow-up
    6
    ·
    23 hours ago

    More than one group of custodians, ideally with conflicting interests, watching one another? Essentially some system of checks and balances?

  • locuester@lemmy.zip
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    13 hours ago

    Nakamoto Consensus, the mechanism by which Bitcoin is protected, is the original digital solution to this problem. Several others exist in modern cryptocurrency chains/ledgers.

    With regards to protecting digital treasure, I think this fits the bill.