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7 sats \ 2 replies \ @birdeye21 OP 1 May \ parent \ on: POLL: What's the 'end state' for bitcoin? bitcoin
Yes agree but are you saying cbdcs will always be around?
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0 sats \ 0 replies \ @Solomonsatoshi 1 May
To put it another way would a nation operating The Bitcoin Standard be more or less likely to be capable of fending off military aggression from one that operates on a CBDC/fiat standard?
CBDC super charges the states ability to leverage citizens monetary capital and thus super charges its ability to project power.
How does Bitcoin or a nation operating under The Bitcoin Standard effectively respond to this?
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0 sats \ 0 replies \ @Solomonsatoshi 1 May
As long as nation states are the dominant power structures under which humans live then fiat money seems likely to remain in place...and most likely CBDC fiat as it gives the state the most monetary power and leverage.
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