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#134 Balaji Srinivasan: The Network State
The Knowledge Project with Shane Parrish
Is Bit Coin a Democracy?
If bit coin is legal in a country, then it's a democracy because it permits freedom to exit and freedom to transact. If picuin is not legal, or if it's restricted, then it’s a limited democracy,. Or flaw democracy, or non democracy. And this what i like about this is very clean, ok? You can relate it to a global moral right. An individual in the country can tell you how restricted it is. Pretty simple to understand thing. How legal is becoin? Right? And bicoin. The reason i say biccoin specifically is it's, you know, it's on track. We will see if it can actually get there
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