Oddbean

#rebels #asknostr This is a hard concept to get. Kinda makes me queasy. Even though I ask myself what’s the alternative? And the alternative is what we have: government power. Will corporations just become the new government? Any thoughts @TheGuySwann ? (From Sovereign Individual) https://image.nostr.build/04591553024a2eaded6d3e1752a6fa53b99394ace0d2db5ca486d7afdf7dffda.jpg

Without the power of the money printer, governments cannot build enormous armed and coerce corporations into doing their bidding. The largest companies will be those that serve their customers best. That's my thesis on where this all goes.

Yeah it’s all about scale of imbalance and the long term sustainability of systemic fraud. Sound money destroys the ability to scale violence and fraud both in size and then also its sustainability across time. It won’t solve violence or corruption, it will only make it smaller and more distributed. Thus there are likely to be more prominent mafias and smaller violent rackets of sorts, but these have always been there, only overshadowed by the massive mafia of the state. So these others will simply be more visible due to the lack of control and prominence of the nation state. Similar to how few people are concerned about a roach problem while their house is on fire.