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256 sats \ 3 replies \ @sb 3 Aug 2022 \ on: howdy! I'm Allen Farrington, AMA. bitcoin
What is the optimum role of the nation-state? In other words, if you could play God and setup our world from scratch, what would you do about: borders, healthcare, infrastructure, monetary system, etc?
I feel like not only is this above my pay grade, but I also kinda dislike the idea behind the question as I wouldn't like it to be in anybody's pay grade! I want these things to emerge naturally and peacefully based on cooperation and exchange. to painfully force a connection to bitcoin, I want violence to be an extremely expensive option that people realize just isn't worth it when deciding how to reach social consensus!
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I'd argue that human civilizations converged on the gold standard, out of which the fiat standard "emerged naturally". For all its flaws, the fiat standard has led directly to the emergence of Bitcoin - the monetary renaissance :)
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it was inevitable :)