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279 sats \ 3 replies \ @tip_nz 3 Jan \ on: BuT, wHaT aBoUt ThE rOaDs? libertarian

Interesting case study: Sydney Harbour Tunnel

The Harbour Tunnel was a partnership between the New South Wales government and private investors by tender. Transfield and Kumagai Gumi formed a 50/50 joint venture company which constructed the tunnel under contract; with a 30-year operating contract, including revenue collection and maintenance, from 1992 until 2022. As a result of the 1997 separation of assets of Transfield and the creation of the Tenix group (owned by Olbia), the ongoing 30-year operating contract for management of the tunnel was split between Kumagai Gumi (50%), Transfield (25%) and Olbia (25%).

0 sats \ 2 replies \ @Undisciplined OP 3 Jan

Neat

279 sats \ 1 reply \ @tip_nz 3 Jan

Private investors and local govt could collab on roads and install mechanisms that automatically charges your car sats which are then split between the investors/govt.

And just like bitcoin, the fees increase when traffic is high and decrease when traffic is low.

0 sats \ 0 replies \ @Undisciplined OP 3 Jan

There are lots of ways to improve on the system we currently have. I don't know if we'll see bitcoin integration anytime soon, but it's an exciting possibility.