Travelling the world, I've noticed something: people in "poor" countries often live surprisingly "free" from the state.
They build houses however they want, open businesses without licenses, ignore regulations, use cash for everything, pay no taxes. You get the idea.
I'm not romanticizing it. I'm trying to understand *why* it works. The answer is probably simple: economic incentives. The cost of prosecuting them exceeds what the state could extract. They're effectively protected by that asymmetry.
Which raises the next question: what asymmetry could let us live more freely *and* maintain a high standard of living?
My answer: privacy.
Bitcoin protects you from inflation. Great, but that's a separate conversation. What actually expands your freedom is privacy. Where you live, who owns the property, how much rent you pay, what you buy, where you go, what you drive. Make your life so opaque that you become unprofitable to pursue.
Bitcoin alone doesn't get you there. Without privacy, it's only a matter of time before someone decides you're worth going after.
They build houses however they want, open businesses without licenses, ignore regulations, use cash for everything, pay no taxes. You get the idea.
I'm not romanticizing it. I'm trying to understand *why* it works. The answer is probably simple: economic incentives. The cost of prosecuting them exceeds what the state could extract. They're effectively protected by that asymmetry.
Which raises the next question: what asymmetry could let us live more freely *and* maintain a high standard of living?
My answer: privacy.
Bitcoin protects you from inflation. Great, but that's a separate conversation. What actually expands your freedom is privacy. Where you live, who owns the property, how much rent you pay, what you buy, where you go, what you drive. Make your life so opaque that you become unprofitable to pursue.
Bitcoin alone doesn't get you there. Without privacy, it's only a matter of time before someone decides you're worth going after.
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