If an organism or organization is unable to grow it's cost of attack to lower it's benefit-to-cost ratio of attack, then it is unable to grow it's prosperity margin and resource abundance. This is called a bounded prosperity trap. The paradigm of mutually assured nuclear annihilation represents a bounded prosperity trap for all of humanity.

#Bitcoin is a power projection technology that allows all people who participate in mining to increase their cost of attack ad infinitum, thus they can shrink their benefit-to-cost ratio of attack ad infinitum and grow their prosperity margin ad infinitum. People who own Bitcoin but don't directly participate in mining are subscribing to the power projection capability of the miners who compete with eachother over the underlying resource.

Therefore the theoretically infinitely scalable physical power competition over the Bitcoin protocol allows humanity to escape the bounded prosperity trap of mutually assured destruction.

GN Frens.

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