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Replying to Avatar TimCScott

What Nocoiners seriously undervalue and misunderstand is that Bitcoin is not subject to any single legal, trade or economic barriers. Information technology is going to create economic inequality unlike anything ever experienced before.

Bitcoin commands a higher value precisely because it undermines the ideas of every single nation state. Bitcoin is highly valued because it is settled under no jurisdiction.

In a economic climate where rich industrial countries face backlash from its citizens because of economic inequality, that very fact alone will make assets that are beyond the reach of the nation state all the more valuable. Bitcoin is the most secure/hardest/valuable asset in the world in this scenario.

Plan accordingly.

#bitcoin #freedom

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clr 11mo ago

Currently there is equality within nation states and inequality among them. I'd say that Bitcoin will flip that, creating inequality within nation states, and equality among them.

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TimCScott 11mo ago

That's a tough one. I don't know if there is currently equality within nation states.

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