
Bitcoin and The Fall of Nation-States with James Davidson (WiM163)
The "What is Money?" Show
00:00
Is the Welfare State Going to Work Forever?
Bismark started the welfare state an the end of the nineteenth century. Has a way of bribe people to support the nation tat was a well considered bribe, and it worked for a century or more. But i don't know that it's going to work forever. And i don't think it will, because at some point something will come along that's a little more disorderlya less compliant than what we've seen. If you have a millionaire who has a lot of technical sabby, you might be able to create a system that would be able to fight the nation state quite effectively. I'm not sure what maybe it some guy says, luck either you exempt us from taxation regulations
Play episode from 01:24:14
Transcript


