The "What is Money?" Show Bitcoin and The Sovereign Individual with James Davidson (WiM162)
9 snips
Mar 28, 2022 AI Snips
Chapters
Transcript
Episode notes
Microprocessors Shrink The Scale Of Power
- James Davidson argues microprocessors lowered the scale of effective power, enabling individuals to wield disproportionate influence.
- This technological shift undermines the logic that large centralized militaries guarantee political dominance.
Smaller Polities Often Outperform Large States
- Davidson says technology makes smaller political entities more efficient and attractive than large nation-states.
- He points to tiny high-performing countries like Monaco and Andorra as examples of superior outcomes.
Preserve Independence And Be Ready To Pivot
- Maintain independence and flexibility as digital-era institutions shift unpredictably.
- Prepare to pivot quickly because timing of changes is uncertain.