Yes. Nepotism and corruption is not exclusive to democracies. Just like Biden excuses and pardons himself so did no one hold King David accountable for conspiring to murder a man after bedding his neighbour wife. I think that a bitcoin standard will help us transcend all systems to a higher and more just form. Like gold is better than fiat. Monarchies in most cases is better than communism. I believe that there should be different systems competing for viability on a bitcoin standard. The cream will rise and the muck will settle. We don't need one absolute form of governance but many. The free market will show us what is valuable and what works. But as for me and my house, we bow to no man. We keep our word when given and measure merit through consistency in action. Politics and national identity fades and seem paltry when compared to how brightly Bitcoin shines.

I don't think bitcoin favors monarchies. I think it extends their decision making process to more people, which is a boon to any system.