In Europe, when christianity was spreading, the various kingdoms adopted it. It was a way for them to stay relevant. I really believe that the spread of christianity and the spread of bitcoin has similar characteristics or something that could be interesting to study. Like how the fk did Christianity spread so far and wide in the middle ages.. how. From the lowest classes in society to the highest.. Everyone seemed to adopt it
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Agree with thesis, but you are looking at the top late. 15 years after resurrection; Tiberius was an old, isolated emperor with functionaries running his empire.
Christianity was a crazy cult, only in Judea and Antioch at this point.
On this timeline we still have.
  1. Complete collapse of empire
  2. Heresies and copycats all over the place (perhaps the shitcoins?)
  3. Reemergence of the empire and intense pressure to snuff out the movement
  4. Constantine-like figure to use the movement to cement his rule.
Tldr; we are still very very early!
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Why not. They are all social processes.
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This is interesting, though Bhutan's investment fund was clearly playing high risk paper trade games rather than hodling bitcoin. I wonder how widespread this practice is among sovereign wealth funds.
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My guess they could mine something. And just figured way to get some fiat.
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surely sovereign wealth funds are. pension funds want it, especially the big government ones. they need higher returns to even pretend like they will meet contractual agreements for future retirees. and they don't want anyone to know.
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