Excellent video. I will have to make a post out of that.
It is so true...that is the reason why changing the political system rarely every works. Just exchanging one screwing for another.
Did you notice what is at the core of all the political systems mentioned? The control of the treasury. That is why decentralization of the money supply is so revolutionary. It is taking the treasury, or a fair portion of it, out of the hands of the rulers.
This is a point that needs to be emphasized. We will see a change when the rulers do not have full control over the money....then they will really have a larger set of keys to keep happy.
It will be interesting.
Another interesting fact, blockchain is coming for the nation-state in general. It will take decades, but there will come a day when much of the ruling comes from what is coded into the blockchain. It will be fun to see politicians operate when a lot of what they do is on the blockchain for all to see.
"Taking the treasury, or a fair portion of it, out of the hands of the rulers". That's the part they will be most pissed off about, but, even governments, have to compete for wealthy citizens to remain in their countries so they will have to embrace crypto sooner or later. The more they wait, the more irrelevant they will be in the future.
Please do make a post about it! I'd love to read about and see the discussions on the comments.