The Bitcoin Standard Podcast cover image

162. Fiat Architecture with Michael Diamant

The Bitcoin Standard Podcast

CHAPTER

Bitcoin: The Future of Democracy

I think people just have this idea that democracy is just everything nice is democracy. But no, that is democracy. Democracy just means 50% plus one can do whatever they want. So if 51% of a country decide to murder 49% of the country, that's democracy. All the good things that people associate with democracy are essentially orthogonal to democracy. If you are for liberal ideas, I don't think the ballot box is the way to get them. Bitcoin takes away the money printer because it comes down to governments won't be able to print it.

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