Bitcoin is akin to a minarchist constitution that only serves to uphold property rights for all and nothing else.

The beauty is that wherever Bitcoin is voluntarily adopted, it brings a competitive pressure - the jurisdiction that alllows most individual freedom and individual rights will attract most capital + entrepreneurs.

Similarly, an authoritarian jurisdiction will bleed its capital and competence to Bitcoin-powered jurisdictions. It is in this process of competition and game theory that centralized power is counterbalanced.

This is how minarchism can benefit every jurisdiction and allow full local sovereignty in regards to every other policy except for the non-negotiable civilizational standard of full property rights for all - i.e. Bitcoin.

#Bitcoin