What if our monetary future does not continue down the path of centralization and debasement but, rather, follows a new path of decentralization and growing value? Today’s dollar hegemony was engineered by Richard Nixon and Henry Kissinger. Tomorrow, the currency of America could be based on the twin ideals of the Founding Fathers and Satoshi Nakamoto.
Unlike America, which lost its first battle over centralization just a few years after its founding, Bitcoin won its first battle over centralization during the Blocksize War, where user control and personal freedom defeated business interests and the concentration of power.
On July 4, 1821, Secretary of State John Quincy Adams warned of an America that would become a global imperium “in search of monsters to destroy.” An America where the “fundamental maxims of her policy” have “insensibly changed from liberty to force,” where we have become “the dictatress of the world.”
Perhaps Bitcoin can help Americans reflect on our history and remember that our true glory, in Adams’s words, is “not dominion, but liberty,” and that our true march is “of the mind” and not the sword.
https://bitcoinmagazine.com/culture/bitcoin-and-the-american-idea
