Subnostr

I suppose all those things are tangibles that get debated in politics, but the one thing we all took for granted is that it was normal for the state to hold a monopoly on the money system and use violence to enforce that. As long as we were allowed to use it as well we didn't ask too many questions, libertarian and totalitarian alike.

Bitcoin established a new plane of politics, it made the two dimensional grid a three dimensional space, pulling us out of different starting points towards an apex of consensus.

Jeff Swann 2y ago

Most of the people philisophically aligned with the Austrian school of economics have generally NOT accepted that it was okay for the govt to have a monopoly on money. Bitcoin has basically fulfilled a prediction that Hayek made in a video which circulates quite often about money needing to be taken out of the hands of govt.

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berean jones 2y ago

Fair point, the austrian school was consistent ideologically and bitcoin made that a tangible possibility. Rothschild made the opposite observation some years before, that controlling the money meant controlling the nation, no matter who thought they were in charge.

I guess my original point was the absence of money from the list of things that we are prepared to tolerate violence for.