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4min chapter
165. African Startup Cities with Magatte Wade
The Bitcoin Standard Podcast
The Importance of Centralization
Centralization has been the catastrophe of Europe, he says. It's all of these very strong states that are going to war with each other and doing all kinds of nasty things because of centralization. And when you centralize the money, it becomes extremely lucrative. Now you can, if you just win the stupid popularity contest,. You kiss a bunch of babies and talk about the emotional things... Then you get to have everybody's money at your disposal. Yes. Also, I can't think of a more destructive recipe for a society. Like this is the equivalent of getting a 13 year old and just spending every morning teaching them how to do drugs all day and giving them endless money.
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