Economist and writer Emile Phaneuf III discusses why people and capital increasingly choose exit over political voice when governance declines. He covers the real costs of citizenship renunciation for Americans, the pre-history of private digital money that led to Bitcoin, free cities as practical experiments in better rules, and the risks of central bank digital currencies. The conversation also examines the hidden costs of “free” public services and the trade-offs of living abroad as a U.S. expat. Bitcoin, Austrian economics, and more!
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