The good news is that the scenario described won’t happen. The author had to write Bitcoin out of existence to make it work (emphasis lost on Nostr):
> “The dollar is a historied currency that’s stabilized the international economy for over a century, Wilbur. The bancor is an upstart pretender whose constraints are unworkably strict. We just have to hold our nerve. After all—look at what happened to _bitcoin_.”
That’s the only mention. I think the author understood full well that a non-state hard money would destroy her premise, and so just handwaved it away.
jimbocoin / jimbocoin 🃏
npub1v9…x9q3h
2025-06-10 12:20:43
in reply to nevent1q…a03a
Author Public Key
npub1v9qy0ry6uyh36z65pe790qrxfye84ydsgzc877armmwr2l9tpkjsdx9q3hPublished at
2025-06-10 12:20:43Event JSON
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"pubkey": "6140478c9ae12f1d0b540e7c57806649327a91b040b07f7ba3dedc357cab0da5",
"created_at": 1749558043,
"kind": 1,
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"content": "The good news is that the scenario described won’t happen. The author had to write Bitcoin out of existence to make it work (emphasis lost on Nostr):\n\n\u003e “The dollar is a historied currency that’s stabilized the international economy for over a century, Wilbur. The bancor is an upstart pretender whose constraints are unworkably strict. We just have to hold our nerve. After all—look at what happened to _bitcoin_.”\n\nThat’s the only mention. I think the author understood full well that a non-state hard money would destroy her premise, and so just handwaved it away.",
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