Why Nostr? What is Njump?
2025-06-06 13:39:33
in reply to

Rich Nost on Nostr: Game theory is weird on this one. 6102 is often mischaracterized as a seizure of ...

Game theory is weird on this one. 6102 is often mischaracterized as a seizure of assets. People gave up their gold willingly, because the real power of 6102 was to make gold unredeemable among the citizenry. Possible scenarios:

1. 6102 only applicable in US. Pointless, if there are countries that allow bitcoin free trade, especially if they sell asylum/citizenship for bitcoin.

2. 6102 is a global treaty among all nations where anyone would want to live. In this scenario, bitcoin becomes worthless as nodes and miners shut down, as everyone realizes the actual value of bitcoin was in its decentralization and its capacity for regulatory arbitrage.
Author Public Key
npub1zw7ftkfpezmtym8n2j2fvnd0smunztl9pyjys0fxdqne08vq397s5yvpu5