Here is a time-stamped outline of topics covered in this conversation with Max:
The more I learn about statism, the more convinced I am that it is the limiting factor to human civilization. I hope you found this series with @HillebrandMax as valuable as I have, and welcome your feedback!
We have one more episode coming soon to conclude this series...
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In 1900, Nikola Tesla envisaged "a principled machine" as the end of war. Today, that machine is #Bitcoin
“...a machine embodying a higher principle, which will enable it to perform its duties as though it had intelligence, experience, judgement, a mind!”
The difficulty adjustment of #Bitcoin makes it the world’s first “intelligent” money: it forever shifts the game of property into digital space, and makes the battle of establishing consensus on ownership “a mere spectacle, a play, a contest without loss of blood.”
Above quotes from "The Problem of Increasing Human Energy" by Nikola Tesla, available here:
CLAIM: “Namely, that our inevitable flaws, including our lack of perfect foresight, require guardrails to reduce the risk of unintended consequences, like, for example, speculation in “low-risk” mortgages that drove a global financial crisis.”
Contrary to the popular misconception, the 2008 great financial crisis was driven by the eurodollar system (cc: @JeffSnider_AIP), a consequence of central banking.
Private property rights can equally be called private property responsibilities. A proprietor is incentivized to take responsibility for the assets he owns to maximize the usefulness and longevity of the rights they bestow upon him.
"Give a man the secure possession of a bleak rock and watch him turn it into a garden.
Give a man a 9-year lease on a garden and watch him convert it into a desert.
The magic of property turns sand into gold."
Fiat currency inflation is a violation of private property—the arbitrary movement of wealth from one set of hands to another.
Inflation is a legally enforced injustice; it disincentivizes prudence and triggers a widespread abdication of responsibility among market actors.
International waters have historically been the greatest geographic safe haven from nation-states. Gamblers, pirates, smugglers, and other sinners seeking to engage in state-condemned activities willingly make use of this ungovernable territory.
This oceanic realm is rife with high degrees of risk, reward, and self-responsibility. But exactly why is maritime law so different from the legal systems operating within terrestrial nation-states?
A thread summarizing "Sovereignism Part 1: Digital Creative Destruction"
My 12-part essay series explores the digital disruption of the nation-state and the subsequent amplification of individual sovereignty during the digital age.
Statism is a system of socioeconomic organization which originated in the Industrial Age. Statism includes all state implementations of capitalism, communism, fascism, and all other state ‑isms; it does not refer to these ideologies in any pure sense.
Statist implementations arose in the 20th century, when the only known mode of sustainable human organization was a top-down, centrally controlled nation-state.
Every law, every social norm, every civil liberty, every human right, every culture: the authority and longevity of socioeconomic order itself is shaped by the one true (meaning, free market selected) sovereignty system active in the world today—gold.
Gold remains the singular dominant money in the world. In the unregulated geopolitical sphere, nation-states go to war over it, fund war with it, and the victors write new laws.
Gold is the call option on all human creativity past and present, since it lays claim to all savings in society. Gold is absolute power.
All socioeconomic systems we think have power are really just derivatives of this ancient golden reservoir of sovereignty.