Tag: democracy

Mar 29 2022

The Age Of Meritocracy — Bitcoin Is Not Democratic Part Five

The final installment of the Bitcoin Is Not Democratic series explores how a society built on Bitcoin may function and how merit will supersede politics as a mode of social organization.Thinking about the effect Bitcoin has and will have on the organization of human society sends one down many rabbit holes. We’ve been down a few already.In...

Mar 22 2022

The Future On A Bitcoin Standard — Bitcoin Is Not Democratic Part Four

The death of Democracy is around the corner — what will replace it? As Bitcoin changes the very fabric of society, we’ll need new modes of governance and coexistence.With each new installment of this series, the Clown World simulation takes it up a notch.Part Three kicked off with the stupidity happening in Canada....

Mar 04 2022

Bitcoin Is Not Democratic Part Three: The Separation Of Economy And Politics

Part three of the “Bitcoin Is Not Democratic” series explores the building blocks necessary to construct a civilization that transcends politics.If you still happen to think Bitcoin and democracy are somehow related, then you’re either wilfully ignorant or you’ve missed parts one and two of this series, in which case, please read them...

Feb 18 2022

How Democracy Failed Us: Bitcoin Is Not Democratic Part Two

Democracy is antithetical to the fundamentals of private property rights and, therefore, the functional, fair organization of society.Earlier this month I published part one of the “Bitcoin Is Not Democratic” series. In order to get a handle on how we can avoid the mistakes of the present, in part two, we’ll dive deeper into...

Jan 11 2022

Bitcoin Is Not Democratic Part One: Problems With Democracy

As the concept of “democracy” regresses before our eyes, Bitcoin presents a new way of ordering society and incentivizing progress.“…the proponents of government intervention are trapped in a fatal contradiction: they assume that individuals are not competent to run their own affairs or to hire experts to advise them. And yet they also assume that these same individuals are equipped to...

Nov 09 2021

Why The Freedom To Choose Your Money Is Important

To be considered a free society, one must have the ability to choose the most free form of money.IntroductionThe current system of government in the U.S. has a bad reputation among many Bitcoiners and arguably for good reason. This system is loosely called a “democracy” but appears to be more a tyranny of the majority. A democratically elected government that has...

Sep 21 2021

Bitcoiners Are The Remnant, The Masses Don’t Matter

Mass adoption of Bitcoin isn’t important. Selective adoption is and always has been how any revolutionary technology or transformation comes about. The masses will join by default.I recently read “Isaiah’s Job” by Albert J Nock. It’s an essay that inspired generations of anarcho capitalists and libertarians such as Rothbard and Rand, so if you’ve not yet read it, do so now or...

Sep 17 2021

Bitcoin And The Myth That Is Capitalism

Capitalism is an often cited scapegoat for the issues of the economy, but it is quite misunderstood in relation to democracy.Throughout history, there has been a cyclical phenomenon characterized by Neill Howe and William Strauss as the four turnings.1 The basic premise of the theory is that civil unrest and major war is cyclical and occurs about every four generations. This...

Jan 07 2021

Bull Run Democracy, Revisited

Jan 07 2021 Published at CoinDesk under tags  charity democracy opinion people venezuela

In 2017, high-flying bitcoiners attempted to foment democracy in Venezuela by airdropping crypto and paper wallets. What did we learn from these experiments?

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