My whole point was that voting is not going to change anything. It's not the incentive structure of credit based system that won't allow that. It's the incentive structure of democracy itself which is broken. Bitcoin can't fix democracy, because democracy itself is broken.
Let's say you have price controls, monopolies and socialism on a Bitcoin standard. Does that mean price controls, monopolies and socialism will work well? No. The effects and consequences will be the same.
My intention was not to downplay the problems caused by fiat money. It was to point out that the effects and consequences of monopolies will be the same on a sound money standard as much as on a fiat standard.
The government is essentially a terrorial monopoly of violence. It also has a monopoly on other things like legal services, infrastructure provision, defense, roads, courts, radiowaves, etc etc.
A government on a bitcoin standard doesn't change the fact that the government under question is a monopoly.
It will still cut production and provision of its services and raise prices.
Consumers (citizens) will still not have their needs satisfied.
It still won't be able to allocate resources efficiently.
It will still be poorly run.
It will continue to brainwash people and engineer consent.
It will still be open to regulatory capture.
It will continue find ways to to steal people wealth to keep its operations going.
And needing to steal from people, it will continue to find ways to surveil everyone's finances.
The nature of the state is broken. And bitcoin will not fix that. That's my point.
The only fixing it can do will be through abolishing it altogether, not by reforming it or reducing it.
And when abolition happens, the ideas that people hold will determine what comes to replace it. If people only know to live as slaves under a government, then that's what they will go back to and create a cage for themselves all over again.
Slaves have to first believe that they deserve to be free men with free will.
If they understand how free market competition works, what the natural law and natural rights are, what the right method of identifying legal principles are (reason vs observation), understand what causes economic effects (human action), then they'll be in a position to come up with solutions themselves according to their expertise.
Sound money is important. But it's not as important as liberty. It's just a means to achieve ends, and not the end in and of itself.
