Constant on Nostr: Nothing is being co-opted thusfar, but to your point: The geopolitcal arena of ...
Nothing is being co-opted thusfar, but to your point:
The geopolitcal arena of inter-state affairs is actually the most logical usecase for censorship resistant money ergo Bitcoin.
Case in point the sanctions on Russia and them being banned from swift and therefor the international banking system.
By its very nature Bitcoin, starting from 0 coins in circulation at a price of 0, required a grassroots bottomup ascendancy; but don't be confused, as it stands now, when addoption and use keeps growing, the 'plebs' will be priced out of use (in a sovereign way atleast), whilst the state-level usecase will remain, regardless if they happen to be the last in line to addopt.
But thats last bit has a large technical component, which might (hopefully) change (a bit).
Published at
2025-01-23 07:23:56Event JSON
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"content": "Nothing is being co-opted thusfar, but to your point:\nThe geopolitcal arena of inter-state affairs is actually the most logical usecase for censorship resistant money ergo Bitcoin.\n\nCase in point the sanctions on Russia and them being banned from swift and therefor the international banking system.\n\nBy its very nature Bitcoin, starting from 0 coins in circulation at a price of 0, required a grassroots bottomup ascendancy; but don't be confused, as it stands now, when addoption and use keeps growing, the 'plebs' will be priced out of use (in a sovereign way atleast), whilst the state-level usecase will remain, regardless if they happen to be the last in line to addopt.\n\nBut thats last bit has a large technical component, which might (hopefully) change (a bit).",
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