AgoristView on Nostr: I think in the long run Bitcoin will make it impossible for govts to print money, ...
I think in the long run Bitcoin will make it impossible for govts to print money, very difficult for govts to collect taxes, & very easy for people to move with all of their wealth. Exit taxes will be (is already for the knowledgeable) almost completely unenforceable. The lack of money printing means that govts like the US gov & China cannot exist in anything like their current forms. I think a breakup is likely & competition between smaller states will provide a pretty effective check on govt abuse as adoption spreads. It's possible that it may actually increase the number of competitive monarchies in the world & reduce the number of democracies. Lichtenstein is one of the most libertarian nations in the world today & it is a principality. But maybe private ownership or management will trump them both, idk.
The libertarian continuum in my mind is something like Milton Friedman > Hayek > Ayn Rand > Murray Rothbard
David & Patri Friedman (son & grandson of Milton) are definitely on the Rothbard end of things, as are Tom Woods, Dave Smith, Karl Hess, Larken Rose, and my brother & I
Published at
2023-09-12 13:41:58Event JSON
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"content": "I think in the long run Bitcoin will make it impossible for govts to print money, very difficult for govts to collect taxes, \u0026 very easy for people to move with all of their wealth. Exit taxes will be (is already for the knowledgeable) almost completely unenforceable. The lack of money printing means that govts like the US gov \u0026 China cannot exist in anything like their current forms. I think a breakup is likely \u0026 competition between smaller states will provide a pretty effective check on govt abuse as adoption spreads. It's possible that it may actually increase the number of competitive monarchies in the world \u0026 reduce the number of democracies. Lichtenstein is one of the most libertarian nations in the world today \u0026 it is a principality. But maybe private ownership or management will trump them both, idk.\n\nThe libertarian continuum in my mind is something like Milton Friedman \u003e Hayek \u003e Ayn Rand \u003e Murray Rothbard\n\nDavid \u0026 Patri Friedman (son \u0026 grandson of Milton) are definitely on the Rothbard end of things, as are Tom Woods, Dave Smith, Karl Hess, Larken Rose, and my brother \u0026 I",
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