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38 sats \ 1 reply \ @SimpleStacker 20 May \ on: The Dollar is Dying—And Trump Killed It! (Financial Times, Martin Wolf) econ
IF ONLY there was a neutral, unstoppable, perfectly made money available for all the world's enemies
IF ONLY! And it's making me more and more upset that no one has invented this better form of money yet!
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0 sats \ 0 replies \ @Solomonsatoshi 20 May
Bitcoin is better money from the point of view of the individual, but from the point of view of the nation state, it is not. Bitcoin does not enable to state power projection that fiat money does. Bitcoin significantly reduces state power projection capacity. If the determining factor that decides who issues/controls the protocol upon which international trace is denominated is state power projection, then Bitcoin is not even in the contest.
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