Oddbean new post about login | logout Funny how I’m the only prince actually saying it. Just saying.
I've read Hoppe too and I think the point is not wrong. But Hoppe also argues both democracy and monarchy are meh. 🙃
One is a race to the bottom with high time preference. The other is incentivised by low time preference. My money’s on #Bitcoin aligning with the latter. That’s why I’m here I guess.
God told the Israelites in the Old Testament that their only king should be Him. So in a way, human monarchies could be described anti-Christian. Just saying. Props on Bitcoining, though. I'm sure you can do some good.
Jesus is always King 🙏. Earthly monarchies, when done right, aim to reflect His divine order, protecting traditions, family, and stewardship. And thank God for #Bitcoin, a tool for nothing but truth, aligned with these values.
Amen, brother. Overall IMO Republic > Monarchy > Democracy, however I think for a few generations a Monarchy can sometimes give best results. It's a ticking bomb though; just a matter of time until you get a degen regent. Ultimately, hopefully Bitcoin can help take us to a place where God's natural order suffices.