@polpolrene I think that what @janitor is talking about is the choice of law/choice of incorporation.
One of the reasons why the big multi-nationals make SO much more money than local or even domestic companies is because they can choose where to incorporate their business, so that the only laws they apply to themselves are the ones they choose. The modern multi-national entity or MNE has the kind of de facto choice of law which individuals need for a decentralized society.
What the decentralizing effects of crypto technologies does is make it practically feasible for every single business to do this.
Basically, it works like this, say both @polpolrene and @ janitor owns a farm, a shipping company and a grocery.
If all three of @polpolrene’s companies are in the netherlands, then no matter what polpolrene does if he makes money he pays taxes.
If @janitor’s farm is in the netherlands, and his grocery is in the netherlands, and his shipping company is operating in the netherlands but is INCORPORATED in Belize, which @janitor can do in seconds thanks to a blockchain based incorporation system, janitor’s farm sells the food to the shipping company for just about what it takes to produce, thereby making little or no profits. In turn the grocery buys the food from the foreign shipping company for just about what it can sell the food for, also making no profits.
This is called transfer pricing and it allows ALL of @janitor’s profits to be concentrated Belize (or some other tax haven country), allowing @janitor to pay hugely less taxes than @polpolrene.
This is what the big multi-nationals do ALL the time, its a basic part of international business. But put that capability in the hands of the ordinary local business holder, and suddenly the net taxes that the Netherlands gets drop sharply.