Federalism enables institutional innovation: because there are 51 decision-makers rather than one, even if a single national decision on virtual companies would likely be 'no,' a single state like Vermont can experiment, and if it gains traction politicians will weigh increased profitability against decreased power and favor profitability—potentially making Vermont 'the Delaware of cyberspace.'
forecastpending
Speaker
Clay ShirkyEvidence Quote
“if Vermont becomes the Delaware of cyberspace right place to go and incorporate if you've got a relatively virtual organization there will be a bunch of people kicking themselves in 10 years time”
Created: 6/15/2026, 9:28:59 AM
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