There is a bottleneck looming in this round of cryptocurrency adoption: Sovereign-backed legal protections for corporations. ..
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Bitcoin creates its own incentive for men-with-guns to support it.
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Yes, critical point. And by doing so it flakes them off Leviathan automatically. It induces deep state privatization.
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yeah, I sincerely think
@AngloRemnant over estimates the capacity of governments to keep men with guns in line. -
Govt doesn't have to clear a hurdle so high as keeping corps 'in line.' Just throw enough of a wrench as to zero out their economic profit.
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Why do you say that? I am curious. Financial establishment is liquid, high volume and fast. Bitcoin is not.
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Fiat can got to zero, because it's a promise dependent on institutional guarantees. Bitcoin can't, because it's an abstract commodity.
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