Post
Topic
Board Economics
Re: Bitcoin could bring about smaller governments - and that is a good thing
by
EmperorBob
on 20/08/2013, 18:59:04 UTC
Obligatory somalia reference http://www.peterleeson.com/better_off_stateless.pdf.

TLDR: Somalia's government was really shitty, in fact it was outright predatory, so when it collapsed Somalians' living conditions improved pretty significantly.

That doesn't really help with explaining whether we'd be better off (Western governments aren't nearly as bad).