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100 sats \ 1 reply \ @k00b OP 9h \ parent \ on: What will governments look like when the world is on a Bitcoin standard? AskSN
I'd guess ... They have no such incentive until a dominant world power does. And no pre-bitcoin dominant world power would adapt to bitcoin so it would have to be a world power that emerges after, perhaps only as a result of, adapting to bitcoin. At that point it's the will of the leader and if we are mostly self-custodying bitcoin, and bitcoin does all it needs to while maintaining self-custody, I think that's pretty stable.
I think it's individuals, investors, and to an extent companies and businesses that will force this change. Not governments necessarily.
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