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17 sats \ 1 reply \ @jk_14 20 Nov \ parent \ on: What remains of Bitcoin as a Revolution freeing us from the Fiat System? bitcoin
MoE maxxing isn't at odds with SoV, SoV was just always inevitable, and seems that battle has been won before it even began... The real battle is for MoE (Lightning) maximalism
This. SoV battle has been won due to "happy printing", which is obvious pain for savers. MoE battle will be harder because this pain above is not so big/visible in MoE area. And harder battle yet due to Copernicus' Law ;)
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31 sats \ 0 replies \ @028559d218 20 Nov
MoE will begin through commodities trading. Not in my opinion, through buying a coffee or buying a candy bar.
Bitcoin is pristine digital capital for the world... and eventually it makes sense as an intermediary capital for countries that don't trust each other or don't like each other, or can't agree on 'a currency' to still be able to trade.
A barrel of oil for Bitcoin. A barrel of oil for soybeans, and soybeans for gold... Meaning bitcoin can and will be traded for each of them.
Therefore the US getting a strategic reserve (of Bitcoin) is equivalent to getting a strategic reserve of the other things too, but with potentially exponential growth.
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