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Bitcoin Out Loud: Anatomy of the State, by Murray N. Rothbard

THE Bitcoin Podcast

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The Fallacy of State Power

The death of a state can come about in two major ways. Through conquest by another state, or through revolutionary overthrow by its own subjects. In doing so, it obeys the law of its nature and must always be at war with capitalist authorities. What the state fears above all is any fundamental threat to its own power and its own existence.

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