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Hodl Hang #7: Exploring the Mythological, Socio-Cultural, & Spiritual Implications of Bitcoin

Bitcoin Rapid-Fire

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When Theft Is No Longer Possible, What Happens to the State?

The state's business model is predicated on theft and then the redistribution of capital. If that can be negated or limited, presumele wo disempower that institution. A sceptic would say, ah, you know, people are just too dumb. But i think a more rationalist way to look at it is driven by the pain they are experiencingt the more you inflate the currency, the more you debase the currency.

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