One major thing I point out to people when they insist that bitcoin is the most antifragile thing ever, is the substrate that it's sitting on top of -- the internet -- is not. There's often a lot of attention on the consolidation on platforms like Google, Facebook and Apple. But not much attention on the consolidation of network operators -- ISPs, backbone providers -- and on the fact everyone has moved almost all hosting of the entire internet into three cloud providers.

If I became a hypothetical dictator of the US, and I wanted to seize control of the entire U.S. internet, I basically have less then ten doors to go knock down.

Which is why I think this sense of invincibility people have vis-a-vis the state is a little bit over-wrought.

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Which is one reason (among many) that I think those people who think the way forward is political disengagement, and a confident belief that the system is going to collapse in a way that will be positive for them, is a product of people living a little bit too much in narrative bubbles.

That’s a pretty easy easy(& well put) way of explaining the anti fragility of BTC, esp without going into numbers & most would understand!