Hello mate. Thanks. I have read all your articles as well. I disagree and I believe that stablecoins can succeed without military backing, that Bank-created stablecoins wont succeed, that nonsovereign stablecoins are possible, and that Bitcoin itself will likely be stable at 25T+
Bitcoin’s decentralized nature subverts and routes around violence in a very elegant manner. They can slow it down, sure, but slowing it entirely is close to impossible. To date, they can’t stop Bittorrent. And cypherpunks will work 100x harder to make Bitcoin a success.
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I buy all of that.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Hyperbitcoinization is likely to reduce war & military by a lot:https://twitter.com/muststopmurad/status/985335762421010434?s=21 …
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I agree that Hyperbitcoinization will reduce 'government' war & 'goverment' military by a lot. Another idea below this...
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If BTC does become the World Reserve Currency, I believe it will also lead to a sharp increase in 'Personal' wars & 'Personal' Militaries with BTC Whales becoming leaders of their 'land' (and all the people on it) and waging war against other people/other BTC whales' militaries.
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If the only way to pay Militaries is with BTC, then it is the biggest BTC holders will wield the biggest Militaries.
End of conversation
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