Nation-states prefer subjecting themselves to dollar hegemony because then they can inflate away at the same rate as the US. This explains why Russia and China keep bluffing about going to a gold standard without actually doing it, even when the US regime gets more and more reckless with sanctions.

Bottom line is that no state with a functioning central bank will willingly go on a Bitcoin Standard. This is a good thing, we want separation of money and state, not Bitcoin as Gold 2.0.

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