princfilip on Nostr: History proves prosperity comes from free markets, not inherently from democracy and ...
History proves prosperity comes from free markets, not inherently from democracy and definitely not interventionism. Democracies, as we’re now seeing in the West, are prone to eroding those very markets and individual rights over time.
Hoppe highlights that monarchy, as a ‘privately owned government,’ has stronger incentives to protect property rights and foster long-term stability compared to the short-termism of democracies.
#Bitcoin changes the game. It secures private property in a way no government or authority, monarchic or democratic, can ever interfere with. Maybe it’s time to rethink where true protection of rights lies, especially private property rights and individual sovereignty. On an incentives basis, monarchy is better aligned to promote low time preference behaviours and ensure generational stability.
Hoppe highlights that monarchy, as a ‘privately owned government,’ has stronger incentives to protect property rights and foster long-term stability compared to the short-termism of democracies.
#Bitcoin changes the game. It secures private property in a way no government or authority, monarchic or democratic, can ever interfere with. Maybe it’s time to rethink where true protection of rights lies, especially private property rights and individual sovereignty. On an incentives basis, monarchy is better aligned to promote low time preference behaviours and ensure generational stability.