2min chapter

The "What is Money?" Show cover image

The Centralized East vs. The Decentralized West | The Balaji Series | Episode 6 (WiM120)

The "What is Money?" Show

CHAPTER

Is Bicoin a Tribal Warfare?

Libertarianism works within a system where libertarianism can work. But when that system doesn't exist, you're basely back to like, tribal warfare. That's why we have these instincts to like, group into tribes. Bicoin breaks all incompetent states - if they're coercive then people hop out and it's going to be this huge conflict. You'd shift back towards those states that are rendering valuable services. In monarchy, not all kings are equal. It's like the true state of nature type stuff is not something that we've been i mean, libertariaism works withina system whereliberty can work.

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