something u.s centrics fail to grasp is how difficult international trade is due to currency conversion from a company’s perspective, the state is just a mob that you pay “protection money” to stablecoins allow bypassing the bureaucratic hurdles that they see as extortion
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being able to transfer funds through stablecoins serves as an incentive for governments to reduce the byzantine process that mostly serves to maximize the surface area of grift oportunities
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bitcoin similarly serves as a threat against retarded monetary policies by making long term capital storage and capital flight far easier
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the threat is simple. centralization should only exist to the extent that it provides infrastructure to empower decentralized non-micromanaged decision making where decisions are made by those who have the most context. otherwise the users Exit
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this is literally the same philosophy that the berlin wall represented. “capitalism may be imperfect but we never have had to wall in our people”
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End of conversation
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