Bitcoin Is Not Democratic Part Five

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Thinking about the effect Bitcoin has and will have on the organization of human society sends one down many rabbit holes. We’ve been down a few already.

In the final part of this series, we’re going to explore the idea of a “meritocracy,” alongside some flavors of that model which I believe Bitcoin makes possible.

Once again, these are thought experiments. I do not have all of the answers and in fact, may not have any of the answers – the idea is that we begin thinking about these things seriously now. Projecting stupidity like dEmOcRaCy onto Bitcoin and more importantly onto a future Bitcoin standard is just a recipe for failure.



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