4min chapter

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#176 – Robert Breedlove: Philosophy of Bitcoin from First Principles

Lex Fridman Podcast

CHAPTER

Anarchism: Is It Possible?

The temptation to monopolize money throughout all of history has been too strong for anyone to resist. Do you think it's possible to have a small government that protects the liberty and property rights and doesn't expand to then also control the monetary system? Agreed completely. It was not possible until Satoshi Nakamoto. For the first time in history, we have a money that cannot be monopolized, cannot be corrupted, cannot be changed, cannot be weaponized frankly. Inflation is just theft integrated into the money; it's a technology backdoor.

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