The Bitcoin Infinity Show
What If You Could Fire Your Government? | Brendan Guest | BIS #224
- Brendan Guest presents Valuearchy, a proposed governance system replacing democracy by placing government budget (price) on the ballot before the vote, allowing citizens to make rational funding decisions.
- Valuearchy uses enforceable contracts between citizens and government, enabling people to legally withdraw funding and hold leaders accountable without taxation or coercion.
- The system ranks elected candidates by total contract value (votes × price per citizen) rather than pure vote count, creating market-driven incentives for efficient governance.
- Separating government funding streams so courts, military, and executive branches are paid directly by citizens creates accountability, since each entity serves those who pay them.
- Discussion of monarchy versus democracy: monarchs have generational time preference and incentive to build stable countries, while democrats loot during their terms; El Salvador under Bukele cited as pragmatic example of stronger property-rights enforcement.
- Canada's soft-on-crime policies contrasted with El Salvador's gang crackdown; individual tools like Bitcoin, tax avoidance, and geographic relocation discussed as practical defenses against government overreach.