Oh, I don’t mean the government bans Bitcoin mining. I mean they ban private individuals from mining Bitcoin so that they control it for “national security”.
Jason works for the military and believes Bitcoin is a weapon.
Here is an interview with Robert Breedlove and Adam Back. I love this interview, but had to listen to it a few times to figure out what Jason was actually saying.
I mean they could try and I’m sure it would cut down on it but people would still mine in secret from home. My point about china is they banned it but we still have hash power coming out of china. The CCP makes it their mission to know what their people are doing and if they can’t stop it then no other government will be able to either.
I’ll check out the interview
Jason makes a simple thing complicated. He‘s right that a Bitcoin standard will make physical war of nation states too expensive. He’s also right that the nation state that holds the most bitcoin will initially be the most powerful. And tauschte us should be first. If you’re into nation states. But he misses the point that by being first, they’ll hyperbitcoinize, and thus their power unravels. He also portrays Bitcoin as a securely protocol first. When it really is money first (MoE, SoV and UoA). Secured by the most powerful neural network known to man.
Yeah nation states are not my thing at all. I do agree that a Bitcoin standard for the US would be much better than a fiat standard, but I don’t see them getting rid of fiat. Mixing the two is where I get concerned.
What I would like to see is the people replace fiat with Bitcoin themselves. I hate this misconception that money can only be determined by government decree.
