This is a transcribed excerpt from the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they’re joined by Natalie Smolenski, president of the Texas Blockchain Council, to break down the case for why we shouldn’t allow the central bank digital currencies that must be considered by our politicians and governments and how those in power are working to dismantle the separation of powers in order to behave with impunity with the American people.
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Q: It’s almost like the state you secretly hate. If only someone had been warning people about this all along.
Natalie Smolenski: Whether they hate you or not, “hate” is almost too personal. They don’t care about you. Power is sovereign in a morally neutral way, as the exercise of power is inexplicable, it is final, it is not subject to adjudication or challenge. This is why the political theorists of the Enlightenment era said that the only way to have a just society was to pit power against power. The separation of powers as a founding principle of our society. It wasn’t perfect, but it was the best model that had been developed so far.
Now we see, the main leaders of the political parties are explicitly arguing that we no longer need the separation of powers and working procedurally to undermine it. What does it mean? It means that whether they like you or hate you, they will behave with impunity towards you. This is the ultimate goal.