4min chapter

The "What is Money?" Show cover image

The Contradictions of Statism | The Hillebrand Series | Episode 9 (WiM068)

The "What is Money?" Show

CHAPTER

Is Bitcoin a Regulator of State Growth?

Pitcoin can give people an option to hold their money in something that is independent of state. Big coin security model has a couple of assumptions, axioms, that we assume to be true, without proving them in the model. And one of them is the axiom of resistance, meaning that it is possible for individuals to resist a state order to break the law. People who don't resist do not have a secure big coin. So yes, big coin curves the state in the sense that it it reduces the provide it is for people who already want to resist he state. The more people do that, the less a obedienta people are left in the state which can be easily

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