Unpopular opinion: Democracy works well on a local level, but increasingly fails on a nation state level.
When it is impersonal, it becomes nothing more than mob rule.
And the majority will always vote for a better life at the expense of the minority.
Ehh. Itβs worked decently well for us *most* of the time. But we are smart to have states too.
Regardless though, Churchill said it best βMany forms of Government have been tried, and will be tried in this world of sin and woe. No one pretends that democracy is perfect or all-wise. Indeed it has been said that democracy is the worst form of Government except for all those other forms that have been tried from time to time.β
And it should be noted, that as long as we donβt lose democracy/representative government, Bitcoin will make it *much* better.
Think laterally. If you eliminate 99% of the State and the events of people's lives upon which it can exert influence and coercion, the exact form that the government takes become pretty irrelevant.
Liechtenstein and Switzerland would be two examples that support your point.
I don't even think it works at a local level. Local majorities in fact tend to be absolutely vicious against the designated minority as anyone who has lived in a small town can attest.
The only thing that works is a government that stays the fuck out of everyone's business and has no say on anything significant. In that case, where the "decisions" are made becomes immaterial.
How are property right enforced?
Does it circle back to the market decides? If so, can that become corrupted as well and we're back to square one?
Perhaps things/stages of man are meant to repeat either way.
Nassimβs fractal model makes sense. Libertarian at federal level, republican at state level, democrat at local level, communist at family level
Good thing we have constitutional republics.
We only have it if enough people recognize and assert it.
That's the least worse system. Maybe with a Bitcoin Standard, politicians and voters will be forced to be more realistic.π€
Agreed, tho for slightly different reasons.
Like speciation/evolution, after a certain size of population is met votes start to get averaged out.
Voices and opinions get drowned out.
Neutral votes become a much more effective target for manipulation/influencing.
Lastly, it is much, much harder to have accountability be enforced via the populace. Without this check, ineffective/harmful actors are allowed to maintain their seat for much, much longer.
