alanbwt on Nostr: Correct. I am not a statist. However, I am also not a full blown anarchist. There is ...
Correct. I am not a statist. However, I am also not a full blown anarchist.
There is a Middle Way.
Sometimes it’s called Minarchy. Sometimes it’s called a Watchman State. And if you look at historic examples, the most prosperous civilizations fall under this type of rule (eg. The height of the British Empire, The Gilded Age of America).
Bitcoin will naturally bring the state down in size, as it will no longer be able to spend more than it takes in taxes once the fiat money printer is obsolete. Though I don’t believe the state will disappear entirely.
There is a Middle Way.
Sometimes it’s called Minarchy. Sometimes it’s called a Watchman State. And if you look at historic examples, the most prosperous civilizations fall under this type of rule (eg. The height of the British Empire, The Gilded Age of America).
Bitcoin will naturally bring the state down in size, as it will no longer be able to spend more than it takes in taxes once the fiat money printer is obsolete. Though I don’t believe the state will disappear entirely.