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#200 – Michael Malice: Totalitarianism and Anarchy
Lex Fridman Podcast
Voting for Ideas and Issues Not Voting for Leaders
Bitcoin governance is like a referendum, which is more coherent and defensible than voting for a representative. Choosing a single person to speak for all your beliefs is unrealistic. However, even referendums have limitations due to the influence of elites framing the questions. So, some level of hierarchy will always be present.
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