Personally, I don’t see how bitcoin favors any particular governmental form. I expect bitcoin will dampen & mitigate the worst impulses of •all• governments.
Irresponsible inbred monarchies and corrupt corporatist democracies alike have debased their currencies to empower their incumbent cantillionaire classes. That’s a much bigger problem, I would argue, than what particular form the government takes.
I find enormous hope and optimism in the fact that all governments everywhere now exist in a world where sound money is a thing. None of them will escape it.