Replying to Avatar Satchmo

I never thought that I would have to say this:

Bitcoin does not magically make Monarchy, Totalitarianism, Representative Democracy, or Corporatism etc. suddenly good options for society.

Bitcoin will not magically save the State.

There will be no benevolent Bitcoin dictatorships.

Bitcoin will not save the West, it will destroy it.

#nostr #bitcoin #magicalthinking #grownostr
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VelvetBlue_art 2y ago

There will be BTC Oligarchs, though.

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Satchmo 2y ago

Absolutely, I guess my question is what real power will they have in a BTC world and does it owning BTC keep the “systems men” in check