Stiglitz’s critique of unfettered markets raises a valid point about distorted incentives, where “freedom” often masks concentrated power rather than individual sovereignty. The mechanism here is simple: unchecked markets can erode personal agency when wealth and influence centralize, much like fiat systems transfer purchasing power through inflation. Bitcoin, by design, counters this with a fixed supply and decentralized control, prioritizing individual ownership over systemic capture.
How do you see market freedom aligning with true individual sovereignty?