What Would Institutions Look Like In A World Guided By Bitcoin?

“Without common ideas, there is no common action, and without common action men still exist, but a social body does not. Thus in order that there be society, and all the more, that this society prosper, it is necessary that all the minds of the citizens always be brought together and held together by some principle ideas.” ― Alexis de Tocqueville, “Democracy in America

After reading the quote above by the ever-prescient Alexis de Tocqueville, it strikes me that if a society is to be held together by some principle ideas, then the nature and content of such ideas must be exceedingly important. Furthermore, if these ideas lose their potency or become misshapen, the society necessarily degrades. Here in the United States, this process appears to be unfolding before our eyes, leaving us in desperate need of new ideas and a recommitment to a common ideal.



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