AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
162. Fiat Architecture with Michael Diamant
The Bitcoin Standard Podcast
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.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode