56. Free Private Cities and Bitcoin with Rahim Taghizadegan
The Bitcoin Standard Podcast
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Democracy Isn't a Good Idea, It's a Bad Idea
When democracy does a good job, it's when democracy leads to gridlock in government. The things that people associate with democracy that they actually like are liberal ideas and property rights. But these countries didn't become rich because of their democracy. They got rich because of hundreds of years of capital accumulationUsually under a monarchy. It's the cultural heritage of liberalism that is existing.
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