Sound Money
· 63w
Neither democracy nor monarchy, anarchocapitalism (natural order)
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Hoppe does indeed favour the natural order as the ideal, but even he acknowledges that monarchy, as a ‘privately owned government,’ is a superior step compared to democracy.
#Bitcoin acts as the bridge, paving the way from monarchy to a decentralised natural order by aligning incentives and securing private property.
Let’s not forget, #Bitcoin didn’t exist when Hoppe wrote Democracy: The God That Failed.