Bitcoin As A Notarization Layer For Political Agreements


Bitcoin will revolutionize politics, not replace it.

Even if hyperbitcoinization were to become a reality with Bitcoin at the center of the monetary system that emerges from the ruins of the current fiat system, the state would remain the dominus of international relations. It would rise from the ruins of its predecessors, like a phoenix from its ashes.

As Max Weber wrote over a hundred years ago in his famous essay “Economy and Society,” the state will continue to utilize legal coercion and violence as its specific and distinctive means of action. This is due to its essence of being an aspiring monopolist of force internally and rex superiorem non recognoscentes…

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