Everything Divided by 21 Million with Knut Svanholm (WiM211)
The "What is Money?" Show
00:00
Voluntarism in Bit Coin
In bit coin, thete profitability of coercion or violence. Bit coin lowers the profitability of violence. So if you make viiaus profitable, it's somewhat intuitive that we would all be more trusting. But when you can't take something by force, and you can't even know how much it is, there's just no other way of ex extracting value from the other man or woman than than providing something of value back. And that's wat that's where we were voluntarists, or libetarians, or anarcho capitalists,. Or whatever label you want to put on it.
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