Oddbean new post about login | logout Ah, still in the democracy phase, I see. True freedom is rooted in strong private property rights, best preserved in kingdoms with low time preferences, where long-term stability fosters traditions, family values, and timeless aesthetics. Monarchies prioritise legacy over fleeting majorities. Read some Hoppe; the monarchy stage awaits your enlightenment. nostr:note18uqmvlwm4fw5u8hmrm3mgqyrux47nl7gd3cl4xpw2ctyen9gej7ssxryyc
Do you think Bukele is more like a dictator or a king?
Does it matter. Benevolent in front of each is what’s more important. I’d take a benevolent dictator rooted in Christ over the current corrupt government in the US.
The great thing about bitcoin is that it provides limitations to the power of benevolent dictators and makes their office concievably viable. All other dictators not on the bitcoin standard invariably destroy their countries and grow inpower and despotism through control and manipulation of the money. A benevolent dictator on the bitcoin standard cannot.
a legacy given versus legacy earned #blog nostr:note1qefyvw8urlxse3n5zc6jprz78nnmmhxhywh7jssg34c5h3qdqs5qduyql4
Obviously both have a point 🙂
If individual men could become sovereign and bitcoin is sovereign money do we scale kingdoms by liberating the individual and empowering men to be masters of their own fate. Kings among brethren and brothers of kings? I contend that yes... It is as easy as picking up the mantle of responsibility. With it you gain both kingship and freedom.
Familial monarchies appear to be the only system that have incentives aimed at the enduring good of a nation. Monarchs are incentivized to leave a legacy of relative peace and prosperity to their heirs. But this system too eventually falls victim to overreach, greed and corruption. I don’t think there is any way out of the anacyclosis of a nation’s constitution, postulated by Plebius. Humanity will always be messy and history will always be on a sine wave.
Enter #bitcoin
nostr:nprofile1qqsznsrmgzrq7pkl0sdd56hje345c4qmw6njq4pd0mnytssvj3f0l5spzdmhxue69uhhqatjwpkx2urpvuhx2ue0sf6jzf gets it. Serbia just moved up my list of countries to immigrate to. nostr:nevent1qqsqv5jx8r7plngvce6pvdfq330reeaamntj8tlfggyg6u2tcsxsg2qpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygpfcpa5pps0qm0hcxk6dtevc66v2sdhdfeq2skhaej9cgxfg5hl6gpsgqqqqqqskv2ezj
George Washington not taking up the mantle of king was the biggest mistake in US history.
You realize that America's elected monarchs have far more power than the monarchs of England ever did, right? Perhaps it's best such power is not granted for life. But the Deep State abides, and the presidential residuum of power increases from one office-holder to the next...
There is an enormous and ever-increasing amount of potential power in the US presidency There is a tiny and ever-decreasing amount of actual power A president could realize that potential, which will be called fascism, dictatorship, etc - despite being perfectly Constitutional
this interview is great in that respect https://www.youtube.com/watch?v=2V-Az-xEOcY
No kings but Christ, thank you. Saying we need a king is the same as saying we cannot rule ourselves.
Interesting. Does Bitcoin inherently promote monarchy?
I’d say hyperlocal, economically-focused, proof-of-work derived oligarchies with geographical ties to valuable resources, economic processes.
Funny… and here I’ve always thought The Great War put an end to all of that “Monarchies are wiser and more peaceful” bullshit. Guess not.
I’m not advocating in favor of monarchies here, but rather wondering how Bitcoin might affect/shift the balances of power in existing political systems and societies.
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.
Yes. Nepotism and corruption is not exclusive to democracies. Just like Biden excuses and pardons himself so did no one hold King David accountable for conspiring to murder a man after bedding his neighbour wife. I think that a bitcoin standard will help us transcend all systems to a higher and more just form. Like gold is better than fiat. Monarchies in most cases is better than communism. I believe that there should be different systems competing for viability on a bitcoin standard. The cream will rise and the muck will settle. We don't need one absolute form of governance but many. The free market will show us what is valuable and what works. But as for me and my house, we bow to no man. We keep our word when given and measure merit through consistency in action. Politics and national identity fades and seem paltry when compared to how brightly Bitcoin shines.
I don't think bitcoin favors monarchies. I think it extends their decision making process to more people, which is a boon to any system.
Is the Great War what Americans call world war 1? If so, those were not monarchies. They had monarchs, but those figure heads don't really deserve the name. Those warring nation states all had legislatures, which is where the real power was. The problem was the legislative bodies, not the monarchs, who were sometimes literally kidnapped and coerced into approving the desires of the oligarchs in the diets.
I’d wager he’s referring to protocols vs platforms, not meatspace governments. Ex. Nostr vs Twitter, FB, etc
“freedoms not fiefdoms” would’ve been sharper, in my royal opinion of course
Ah, still in your "archy" phase, I see. nostr:note1qefyvw8urlxse3n5zc6jprz78nnmmhxhywh7jssg34c5h3qdqs5qduyql4
I would say the same if I were a prince. Just saying.
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.
Monarchies collapsed
Monarchies didn’t just collapse. They were deliberately dismantle to make way for systems that excel at short-term power grabs but fail miserably at long-term stability, tradition, and protecting our property rights. Funny how that worked out, isn’t it?
Monarchy's legit because the monarch has been chosen by God. In a godless society this means they have no good reason to rule. So good luck with restoring monarchy. It's a decoration in the West at best. At worst it's an unnecessary expense I agree that what we have is not perfect and perhaps not even good but this doesn't make an easy case for the system you're advocating for Which is a shame because if the king is good then country does well
God actually advocated for and originally established a Theocracy. I think going through all phases and systems is part of humanity being reconciled to him as beings who understand the nature of good and evil. We are becoming more like him. Ironic that the snake in the garden was actually speaking the truth. Because through the sacrifice of Christ on the tree we shall surely not die, and we shall our knowledge of evil but choosing good.
The Bitcoin era will have its own unique flavour of Monarchy. Monarchs, or perhaps better described as anarchs, with a kingdom as large and complex as the competency Nature granted them allows; perhaps a family farmstead, perhaps a town. Let ten thousand Caesars bloom.
History definitively proves humans are FAR better off under democracy than monarchy, regardless of Hoppe's opinions. Granted, prosperity comes from free markets, which can be had under many forms of government. Free markets can also be eroded by democracies, which we now see in the west. However, my ability to protect my rights as a pleb is usually higher under a democratic government.
History proves prosperity comes from free markets, not inherently from democracy and definitely not interventionism. Democracies, as we’re now seeing in the West, are prone to eroding those very markets and individual rights over time. Hoppe highlights that monarchy, as a ‘privately owned government,’ has stronger incentives to protect property rights and foster long-term stability compared to the short-termism of democracies. #Bitcoin changes the game. It secures private property in a way no government or authority, monarchic or democratic, can ever interfere with. Maybe it’s time to rethink where true protection of rights lies, especially private property rights and individual sovereignty. On an incentives basis, monarchy is better aligned to promote low time preference behaviours and ensure generational stability.
I mentioned that democracies can erode rights and wealth as well. I would argue that monarchies have a strong incentive to protect THEIR property rights but little else. As for long-term stability, I would say there are varying forms. Some greater for plebs and others that are less so. Stability generally comes for stable and unchanging legislation. Where the rules change little and individuals and corporations know what rules they are playing by. It doesn't mean those rules promote prosperity and freedom. I suppose the question I need to ask is what is the incentive a monarchy has to protect the property rights of their constituents? Monarchies have existed throughout most of human history and only when they became restrained and their power limited did the people break the bonds of slavery and did poverty start to vanish. I agree that Bitcoin changes the game. But what about a system without legislators or kings?
The correct question is, do you need a monarch when property rights are inviolable. Instituting a Monarchy requires a man be presented and through a consensus mechanism be elected. (Vote, counvil of elders etc.) Most Monarchies are democratically established but democracy normally ends where raw power begins. People establish monarchies because of uncertainty and doubt. Wanting to abdicate responsibility in favour of centralised organisation of human resources. It is possible that the richest of the rich bitcoiners debose the banks as systems of power like the bankers conspired against the Monarchs. We will see, either way I believe the world is healing. Anyway, Jesus is King. And we are all Satoshi.
The largest number of monarchs were not elected. True, some had to consolidate some of the ruling families/powers in their nations, but that is hardly a vote of the people. I would go further and say that we establish governments, not because we want to abdicate responsibility, but because it is more economical for the protection of rights. But only if that government remains restrained, which they never do. Absolutely, the world will heal when Christ sets up His kingdom. Interestingly enough, I'd like to do more reading on Bruno Leoni. He advocated for a system of judges, similar to Israel before they established kings.
It is possible to attribute some of the benefits of technological advancement to the fruits of democracy confusing the reason for the advantage. Liechtenstein has a constitution under which the king is subordinate and the country is economically very ordered and prosperous compared to democracies that are looking more and more like third world communist shitholes.
I wouldn't necessarily attribute advancement to government's at all. Government can only hinder advancement, it cannot necessarily drive it, long-term and proper advancement (without coercion) at least. Government's that are heavily restrained will have populations that generally outperform other populations - monarchy or democracy. Many modern monarchies, in Europe at least, are just figure heads with little political power. They just manage and allocate the massive wealth their ancestors stole from their countrymen. But a monarchy with the powers @princfilip is potentially referring makes prosperity dependent on the heart and character of the individual. Unless I'm misunderstanding his position.
I think he means that Bitcoin is a honesty mechanism that changes the fundamental nature of all systems.
I fully agree with this. But I believe it was in regards to monarchies being a better path than democracies.
In the past, farmers got together and appointed the strongest as king to protect their property. Today we have bitcoin and can protect it ourselves. Each of us
Neither democracy nor monarchy, anarchocapitalism (natural order) https://image.nostr.build/eb61a77677d98730297d0536cce5d541504be48f2e1d9b1e447eb9dbb91c8368.jpg
Hoppe does indeed favour the natural order as the ideal, but even he acknowledges that monarchy, as a ‘privately owned government,’ is a superior step compared to democracy. #Bitcoin acts as the bridge, paving the way from monarchy to a decentralised natural order by aligning incentives and securing private property. Let’s not forget, #Bitcoin didn’t exist when Hoppe wrote Democracy: The God That Failed.
Hello Prince do you want to be a guest in our podcast?
Why not? Dm please good sir.
Bitcoin paves any path. I actually like you as Filip, the bitcoiner. Although I don't like you presenting yourself as a supposed Prince or entangling bitcoiners in your cause...
also known as tribalism?
No, tribalism is statism
I mean each tribe would have its own private property and law
Yes, yes, in that sense yes, of course.
I'm not against ☺️
Sorry, I misunderstood you
Jack censors sitting presidents and hosts kiddie pron.
History does not support your argument. Today’s reality does not support argument. Why would I ever want the future to look like the Matrix again? I respectfully decline.
While Hoppe critiques democracy and occasionally presents monarchy as a better system, he ultimately advocates for a stateless, anarcho-capitalist society where private property and voluntary exchange replace centralized political systems altogether.
I would take monarchies everyday over democracy
Monarchies and kingdoms are NOT freedom. Proven for centuries.
I think we need a system where both democracy and monarchy can coexist as described in the book "The state in the third millennium" by Hans Adam II of Liechtenstein. It's the same idea that was at the base of the ancient Roman republic.
🤡
Tako je! Mi zato imamo Vučića cara! 🥳
Hoppe prefers a private-law society to even monarchy (and I agree with him). I do think a propertarian monarchy is an improvement over a divine-right monarchy, and a divine right monarchy is a (marginal) improvement over democracy (for the reasons Hoppe argues). Why does the king get to charge you to use the port? In a propertarian monarchy, he owns the port. No special rights or deviation from the rule of law is needed. However, if the king has the right to suppress the construction of alternate ports (on others' land), or to demand that you not offload goods to small boats to avoid the use of any port, this is outside the bounds of what property can accomplish. In a divine right monarchy, the crown is free to abuse the rights of the people. The king charges you to use the port because he has the power to do so, and the blessing of God over all his actions. He can and will forbid alternatives. Perhaps he gives the blessing of "monopoly" to favored associates. I repeat my recommendation to you of HSH Hans-Adam's "The State in the Third Millenium". Modern states are undergoing a crisis of legitimation, in which divine blessing is no longer seen as sufficient to justify the power of the political elite. The stopgap has been democracy, but increasingly it is only a tenuous theoretical link (as in Washington & Brussels). The suggested alternative is genuine consent and the transformation of modern states into peaceful service companies (eg with guarantees of a local right of secession, as Hans-Adam promoted in Liechtenstein).
When it comes to politics I would say Swiss democracy is the best alternative. Switzerland is the freest country in the world, with a tried and tested model. But yeah for sure we can have and have had great kings too but history has shown that monarchies fail too, and fail often. The Swiss model has shown to resist and thrive everything. Nazi Germany, the EU, etc, etc. Liechtenstein also has a similar model to Switzerland. But to each its own, freedom of alternative always :)
👀 nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgpzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj7l329qg https://fountain.fm/episode/effg0sSzpMvrYmxMxlaj
Episode #1 of nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgpzemhxue69uhkummnw3ex2mrfw3jhxtn0wfnj7l329qg's podcast brings some thought-provoking takes on the Monarchy vs. Democracy dialogue. Highly recommend. https://fountain.fm/episode/effg0sSzpMvrYmxMxlaj nostr:nevent1qqsqv5jx8r7plngvce6pvdfq330reeaamntj8tlfggyg6u2tcsxsg2qpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsygpfcpa5pps0qm0hcxk6dtevc66v2sdhdfeq2skhaej9cgxfg5hl6gpsgqqqqqqsftv2dc
I’d argue #Bitcoin disrupts that cycle. By anchoring governance in sound money and immutable rules, it halts the moral and financial decay that perpetuates the devolution of all these systems.
