bitman on Nostr: Bitcoin is solving the sovereign money problem. Your fiat can be frozen, censored, or ...
Bitcoin is solving the sovereign money problem. Your fiat can be frozen, censored, or outright confiscated for whatever arbitrary excuse they come up with. Try withdrawing a large sum at once, sending meaningful money overseas, or buying something the state doesn’t like - you’ll hit a wall fast.
That’s exactly why governments are focused on regulating stablecoins. They don’t threaten the system. Stablecoins are just fiat with a shiny wrapper, still subject to the same choke points. They’re a convenient distraction from Bitcoin’s real, disruptive power.
Ask yourself, have you ever heard a single U.S. government official talk about the Lightning Network? Not a word. You think that’s a coincidence?
SoV and MoE are two sides of the same coin.
BUT, Bitcoin is not solving a MoE problem. Fiat works pretty well for that purpose.
It IS solving a SoV problem.
Published at
2025-04-13 09:30:01Event JSON
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