4min chapter

The Bitcoin Standard Podcast cover image

165. African Startup Cities with Magatte Wade

The Bitcoin Standard Podcast

CHAPTER

The Importance of Democracy in Africa

The World Bank has a vested interest because of the way that the Fiat monetary system works. And so you have to always be borrowing, and then since you're borrowing, you have toAlways have a government that has a lot of money and a lot of power. I'm just like, think about it, say for a second here, the power of these small nations,. Whether it's Holland, what do they all have in common? The free markets and small government, it can be done. So the power in power is not in how big the size, but it's more decentralization like we talked about before.

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