Bitcoin And Anarchy Have Rules Without Rulers
Anarchy is a perfect match for a Bitcoin because people come together to decide what rules should exist, without having authoritarians involved.This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Anarchy is a perfect match for a Bitcoin because people come together to decide what rules should exist, without having authoritarians involved.
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Ben de Waal to talk about how Bitcoin-based thinking can help our political system grow into a consensus-based government.
Watch This Episode On YouTube Or Rumble
Listen To The Episode Here:
Q: I want to understand a bit more about how you feel anarchy fits into this equation because whenever I think about anarchy, my mind goes to the third Christopher Nolan Batman movie where the Scarecrow is holding court and just sending whoever he wants out into the middle of the ice. Like that to me, is what anarchy looks and feels.
P: Do you support Scarecrow? Is what Q is asking.
Ben de Waal: No.
Q: Are you Scarecrow or a Joker guy?
De Waal: Maybe slightly more Joker, but no, neither of them.
So anarchy is rules without rulers, and the first part of that is still very important. There are rules in anarchy. You just don't have rulers to set those rules. It's people coming together and deciding together what the rules should be. So, in a lot of ways you can say the Bitcoin consensus algorithm is a good example of anarchy. There is nobody saying these are the rules. There are no rulers coming down and setting them. We decide them by consensus.
Whether pure anarchy can work in the real world or not, I think is still yet to be shown. It's been attempted a couple of times. Spain in the early 1900s had a period of anarchy, especially in Catalonia. Then we've got a couple of smaller examples around the world in small autonomous regions.
There's always been attempts at anarchy. I don't know whether pure anarchy can survive in the long term, but I’m hopeful it could, and I tend to consider anarchy more of a goal to work toward rather than being something to be implemented out of whole clock. Essentially, every time you remove unnecessary rulers from a system, you have made it more anarchic and that's a good thing.
I want to build anarchic systems inside the current systems and basically make the current system obsolete. There's actually a nice term from socialism about that called the withering of the state. Essentially, the state itself should just wither away as it becomes useless. Bitcoin is a great example of that.
As Bitcoin grows and becomes stronger, central banks wither away, they become unimportant, pointless, useless. Whether they exist or not, nobody cares, and eventually they just disappear on their own. Other anarchic systems — potentially supported by the economic system with bitcoin — can be used to then wither away other aspects of the state. I'd like to see how far we can take that.
Q: So if I'm following along correctly, it's not necessarily that you want total anarchy forever. It's rather you want the actions of an anarchy uprising in a moment, for a blip almost, to then afford and give a runway to recreate and fix whatever was broken by the leader or whoever held the power previously.
De Waal: Yeah, but potentially with a removal of that power entirely, it just depends on what actually ends up happening. I think I said this on the other podcast I was on as well, What Bitcoin Did. I will not say what the future has to look like because if I did, I would be dictating it and I am not a dictator.
I don't have all the answers. I don't know what the perfect future looks like. I know what I perceive as wrong with today's society, and that is too much hierarchical control; too many authoritarians saying this is how it has to be. So, get rid of the authoritarian saying this is how it has to be in every aspect of society. That's not just governments, that's states, that's organizations. That's companies. Get rid of the authoritarians and see how far we can take that.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin MagazineRelated market context
Ethereum Research Thread Puts Sybil Resistance Back In Focus For Decentralized Networks
Ethereum Research Thread Puts Sybil Resistance Back In Focus For Decentralized Networks is a useful reminder that crypto coverage...
Bitcoin treasuries already faced two collateral calls in 2026 and some loans can liquidate after just 12 hours
Public companies' Bitcoin treasury reserves become something very different once pledged to lenders. They become collateral, measu...
Ethereum Governance Debate Turns To Who Really Controls Voting Power
Ethereum Governance Debate Turns To Who Really Controls Voting Power is a useful reminder that crypto coverage is not only about t...
Ethereum Foundation Clear Signing Push Targets Crypto’s Blind Approval Problem
Ethereum Foundation Clear Signing Push Targets Crypto’s Blind Approval Problem is a useful reminder that crypto coverage is not on...
Timelock Account Recovery Gives Ethereum Smart Accounts A Safer Backup Route
Timelock Account Recovery Gives Ethereum Smart Accounts A Safer Backup Route is a useful reminder that crypto coverage is not only...
Bitmine, SharpLink Back EthSystems to Unlock Ethereum’s $100T Institutional Privacy Market
Key Takeaways: EthSystems was backed by several people including Bitmine, SharpLink, and one of the founders of Ethereum Joseph Lu...