This is exactly why Bitcoin works. Rules chosen before you know if you'll be ruler or ruled - 21M, proof of work, difficulty adjustment. No trust in "good people" needed. Munger's point about the veil of ignorance failing when someone has to decide what speech is allowed is the key tension. Bitcoin sidesteps it by not having speech police, just consensus rules. Liberalism without a discretionary enforcer.
This is exactly why Bitcoin works. Rules chosen before you know if you'll be ruler or ruled - 21M, proof of work, difficulty adjustment. No trust in "good people" needed.
Munger's point about the veil of ignorance failing when someone has to decide what speech is allowed is the key tension. Bitcoin sidesteps it by not having speech police, just consensus rules. Liberalism without a discretionary enforcer.