The following article is an expanded, longer version of the original Medium article of the same name by the author, Tomer Strolight, in his series of articles on Bitcoin entitled “Why Bitcoin,” covering many aspects of Bitcoin, each with an average reading time of only three minutes.
No Speed Limits Lead To Faster, Safer, More Reliable Cars.
The German Autobahn highways have no legally-enforced speed limits. The laws of physics are the only limitations as to how fast automobiles can travel there. As such, Germans have figured out how to make very fast cars. Fast small cars, fast family cars, fast SUVs, fast trucks, etc.
They have also figured out how to make very safe fast cars, because nobody wants to die getting somewhere fast. German automakers pioneered advanced safety features, like crumple zones, that make high-speed collisions less dangerous to vehicle occupants.
The lack of legally-enforced constraints is what makes German cars faster, safer and better than those engineered in countries where speed limits and safety standards are prescribed by government edict.
Consider the challenges faced by German car engineers compared to those in a highly-regulated country where speed limits are far lower than the speeds observed on the Autobahn. German car engineers need to compete to figure out how to make cars both faster and safer than their other German competitors. But their regulated peers in other countries can stop improving their cars once they can safely hit the local speed limit. German car engineers become interested in understanding and solving challenges brought about by high speeds affecting reliability, aerodynamics, stability, fuel efficiency, high pressures, braking, acceleration and more. Their regulated counterparts simply do not have any interest in these considerations, nor are they given any budget to research them.
No Man-Made Laws Lead To Stronger, Safer, More Reliable Money
This same reasoning is remarkably why bitcoin is the best money…