A panel of 5 Bitcoiners took the stage at Bitcoin 2022 to talk about the subject “Becoming a Sovereign Individual.” The panel included Guy Swann of Bitcoin Audible; Pascal Gauthier, CEO of Ledger; Parker Lewis, head of enterprise growth at Unchained Capital; Robert Breedlove, founder and CEO of Parallax Digital; and Buffalo Bills’ quarterback, Matt Barkleys.
The dialog spanned matters starting from what sovereignty means to freedoms, to guidelines and rules that inhibit sovereignty and what different prospects exist for shifting past the state to allow sovereignty.
Swann moderated the panel whereas Gauthier, Lewis, Breedlove and Barkleys answered questions on sovereignty. The dialogue was centered round books resembling, “The Sovereign Individual: Mastering The Transition To The Information Age” by James Dale Davidson and Lord William Rees-Mogg. The guide particulars the historical past after which collapse of the present governmental, financial and financial system and the rise of the web, digital financial system and digital cash.
Swann began out with the assertion that, “Sovereignty is not objective; it means something different to each person and is a question of degree and not a binary.” He requested every panelist how they view sovereignty.
Gauthier views his work at Ledger as empowering folks to maintain their personal keys and conserving a part of their digital life to themselves in order that their life and cash is not captured by banks and different establishments. He additionally mentioned how the usual subscription service of present digital life means you pay after which personal nothing on the finish of the subscription. With bitcoin and chilly storage, this financial digital a part of your self didn’t beforehand belong to you, however now does, thus making you extra sovereign.
Lewis views sovereignty as troublesome to outline however related to freedom in the best way freedom is additionally by diploma. “Money is a tool that allows you to be more dependent on everyone else but less dependent on one person. Money allows you to pursue the life you want. However, this tool has been corrupted by the legacy monetary system and Bitcoin brings it back to oneself.” Lewis additionally mentioned, “Sovereignty and Bitcoin means an individual can produce value, and no other entity prevents that individual from taking that value and going out in the world and doing what they see fit.”
Breedlove answered, “‘Sov’ and ‘reign’ is like when a king reigns over his people and that ultimately sovereignty is the authority to act as you see fit. Sovereign is he who can make the exception. If someone can make an exception over the rules, then they are sovereign over you. People can opt out of this with Bitcoin and optimally reign over themselves. Bitcoin maximizes the sovereignty of those who use it.”
Barkley believes Bitcoin offers freedom but in addition energy over your individual freedoms. Barkley and lots of panelists quoted the phrase, “Money is the root of all evil.”
However, Swann reframed it, “Money is the root of society.”
Gautier expanded each phrases with, “The current monetary system is the root of all evil.”
Breedlove mentioned, “Essentially, the key to sovereignty is giving people the power to hold the fruit of their labor in something that cannot be violated. And then let the market sort it out by taking coercion out of the equation.”
Barkley spoke concerning the worth of full authority over self and the way folks are coming into neighborhood to assert their full authority over themselves.
Gautier expanded to say, “Nothing has value unless we agree and say it has value and that is how more and more people agree on value; Bitcoin has become more valuable.”
Swann requested, “If sovereignty is necessarily extralegal, because you’re asking for laws to be friendly to sovereignty, aren’t you then not sovereign? Does sovereignty necessitate non-jurisdiction?”
Lewis answered, “There needs to be something beyond the state, other than fiat. Ultimately enough people need to want freedom or it won’t happen. Money is just one of the tools and freedom is far deeper than any tool.” Lewis believes something shaped to allow that freedom can’t be dictated by a authorized construction; it should be past it.
Breedlove answered the identical query by saying, “The rule of law is a nonviolent way to resolve disputes of property. However, right now there are no clear rules in money and so property is being violated. Maximize sovereignty and you maximize sanity.”
Barkley believes we lengthy for some form of construction however once we are continually being informed what to do and the way to do it with out good intentions or actions, we insurgent in opposition to that authority. “Bitcoin is an answer because the rules are clear and the intent of freedom is good.”
Swann relayed a Dee Hock quote that tied again to each Breedlove and Barkley’s level, “Complex rules and regulation lead to simple and stupid behavior. Simple and clear rules lead to complex intelligent behavior.” This is often known as the Hock Principle.
Right now, the foundations are being manipulated and altered and the gamers act poorly, so the sport is falling aside.
The panel culminated with Swann suggesting which you could construct a brand new society and construction with a neighborhood of like-minded individuals who share your values of sovereignty and freedom. In the opinion of this creator, this can be a larger choice within the privileged, white West, nevertheless it much less potential in nations or areas the place sovereignty, freedom, non-public property violations and coercion are a lot larger considerations and of a lot larger magnitudes.
This is a visitor publish by Heidi Porter. Opinions expressed are solely their personal and don’t essentially replicate these of BTC Inc. or Bitcoin Magazine.