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What actually breaks my Bitcoin containment thesis

TL;DR

Containment relies on perimeters (banks, app stores, clouds, pools, payment networks), not just statutes. The only way out is either (a) make those perimeters look less safe than BTC, or (b) align powerful actors’ incentives (energy, megacaps, reserves) with BTC’s success.

Bottom line: Most days, containment holds — that’s the revealed preference. But I wanted to explore what actually breaks it: trust failures at the core, public censorship optics, paper custody failure, sovereign hedging, capital controls, CBDC backfires, or a client-level schism.

More context:

https://controlplanecapital.com/p/what-actually-breaks-my-bitcoin-containment

Control-Plane Capital 2mo ago

The Bitcoin containment thesis in 4 articles:

1) All governments that matter are on the same team

https://controlplanecapital.com/p/rivalry-between-countries-is-curated

2) All of the largest companies are actually the government

https://controlplanecapital.com/p/state-embedded-investment-thesis

3) All of the well-known "entrepreneurs" are actually the government

https://controlplanecapital.com/p/public-facing-elites-using-myth-making

4) Most Bitcoiners don't understand Bitcoin very well

https://controlplanecapital.com/p/what-most-bitcoiners-are-wrong-about

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Discussion

9x9 2mo ago

I think most of us would prefer low/zero tax and mandatory proof of reserves instead of strategic reserve policies. Eventually a state will be so desperate they’ll adopt honesty and favorable tax rules I hope 😂

Branca 2mo ago

Network, 1976. Great movie.

Control-Plane Capital 2mo ago

Just watched the trailer and I'm very intrigued. I'll have to watch it, ty for the recommendation.

Branca 2mo ago

It's the intellectual version of They Live.