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36min chapter
INFLATION, ANARCHY, MORALITY & THE STATE: Max Hillebrand (Bitcoin Talk on THE Bitcoin Podcast)
THE Bitcoin Podcast
Empowering Individuals through Crypto and Bitcoin
The chapter explores how cryptography and Bitcoin empower individuals by drastically reducing defense costs while elevating attack costs, thus enabling collaborative systems and discouraging theft. It delves into the asymmetry of defense versus attack dynamics and emphasizes the protection of savings and time against inflation using these tools. Additionally, it questions the role of the state, discusses the concept of law in protecting property, and advocates for collaboration and mutual exchange to create value in society.
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