Freedom

Inalienable Property Rights

April 3, 2022
Bitcoin, Money, Freedom, Proof-of-Work

This essay by Gigi was published on dergigi.com website.

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Video bitcoinized by RD ₿TC, based on an edit by Ampleforth.
Original source: An interview with F.A. Hayek (1984)

Law. Language. Money. The three paradigms of spontaneous and emergent order in society. Moral questions are at the root of it all:

  • Who should be allowed to speak?
  • Who should be allowed to publish?
  • Who should be allowed to have property?
  • Who should be allowed to defend said property?
  • Who should be allowed to issue and control the money?

It might not be obvious at first, but these questions and their respective areas - law, language, and money - are all related. They are related in general, but, more importantly, they are intimately related in the Gordian knot that is Bitcoin. Allow me, at least for a moment, to try to untangle this knot. Hopefully, without losing the thread that makes all of it hang together.

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