Chris Stark on Nostr: I specialize in Municipal Finance and something that has forever infuriated me is ...

I specialize in Municipal Finance and something that has forever infuriated me is that folks are more than happy to spend the debt to build a bridge or other piece of infrastructure but then never bother to set aside the money to maintain or replace it in the future, expecting future generations to not only choke on their long-term bond debt load from folks not wanting to pay the price now but also for fixing their expensive overbuilt decisions down the road.
The idea of time-locking a reserve of BTC on a release schedule over the life of a piece of infrastructure would flip this paradigm on its head by committing to not burdening future generations but instead throwing our present energy far into the future to fix it when the need eventually arises.
By incorporating a time-locked 5% reserve with a clear release schedule, you could plan for the periodic maintenance and the eventual full replacement. If it was in a multi-sig setup of multiple local officials (DOT commissioner, budget director, CFO, Mayor and head of council for example in a 3/5) so that funds were responsibly allocated to the project on release you also help future capital planning for the City and make things easier rather than harder.
Below is a sample disbursement table with simple math to illustrate the concept. I would love some thoughts from folks as Bitcoiners are one of the few groups with actual low-time preference decision making mindsets. preston (nprofile…5gu2) dannyknowles (nprofile…2vts)