Nick Szabo  🔑

We should always use "" with the word trusted I make a point to do every time I use the word "trusted" third party but it applies to many others...

Bankers are the least interested in currency which cannot be monopolized. Fair currency is opposite of the goals of the current financial system

Gold could be conquered but it doesn't need to be. Big portion exists in unaudited USA/UK vaults. It's already conquered. Crypto could be safer, but technically, NSA could watch you until you spill the beans (codes). Humans are the weakness

You would need cold storage. An access terminal with a faradays cage. 24/7 survaillance and absolutely no electronics. It would need to be "like Fort Knox". Microscopic surveillance devices disregarded for now.

I don't think you know how public key cryptography works.

I'm not suggesting the NSA can fish your password and then rob your balance. Im suggesting they can fish your passwords, rob your computer and or hardware wallet (private key). And then rob your balance.

An enemy at war surely wont be able to steal that if they raid your vault... Option 2. The printer and laptop were already exploited by NSA hardware as evident happens on massive scale. Or attacked through IOT exploit hence faradays cage.

NSA is able to infiltrate computers which have never been connected to internet according to Snowden leaks.

If soft money is whats responsible for allowing governments to finance war doesn't that mean any nation that adopts hard money is immediately in danger of all those that don't?

A believe a military force threatening a gov/people to provide their gold & valuables or face death/destruction would just as easily extort gov/people to provide their keys/crypto. The leverage is the same: fear. Perhaps easier actually as so easy to move/transport.

Early adopters of bitcoin must produce more than they consume, else their stash gets distributed. Same would go for governments.