Bitcoin as Power to the People with Robert Breedlove (WiM358)
The "What is Money?" Show
00:00
Exploring the Relationship Between Technology, Centralized Power, and the Need for a Central Bank
This chapter delves into the connection between technology, centralized power, and the role of central banks. It discusses how gold, as a physical asset, gave rise to centralized power institutions, but with the emergence of Bitcoin, which is virtual and globally accessible, the need for a central bank becomes less essential. The chapter also contemplates the idea of consent in relation to the state and explores whether a voluntary contract would make the state's actions consensual.
Transcript
Play full episode
