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I'm not a fan of the war language used by Jason Lowery, and I'm sceptical of invoking the second amendment, but I think the power projection argument to SECURE property is the right counter argument to CBDCs. Particularly from a national security perspective for international trade. What country is going to trust another's CBDC?
Softwar as summarised by Chat GPT
"Bitcoin's "proof-of-work" function has the potential to be a strategically important national security technology for the US in the digital age. However, the American public lacks the necessary understanding of the complexity of proof-of-work, modern power projection tactics, the function of militaries, and warfighting. This lack of understanding could jeopardize US national strategic security as the future of US national strategic security hinges upon cybersecurity. Bitcoin has demonstrated that "proof-of-work" functions as a new type of cyber security system. Nations are beginning to recognize the potentially substantial strategic benefits of Bitcoin, and the US could lose its strategically vital power projection technology lead to its competitors if it does not consider stockpiling strategic Bitcoin reserves. If the US policymakers continue to categorize Bitcoin as "cryptocurrency" and allow institutions with conflicts of interest to claim to be experts in proof-of-work technology, they could compromise US national strategic security. The primary function of militaries is to protect and defend access to international thoroughfares, including cyberspace. Until Bitcoin, nations have not had an effective way to physically secure their ability to freely exchange bits of information across cyberspace without resorting to lethal power. Bitcoin can provide nations with the technology to impose severe physical costs on belligerent actors trying to access or interfere with valuable bits of information. The adoption of Bitcoin could represent a new type of cold war, a cyber space race. The US needs to recognize the potential benefits of Bitcoin and encourage its adoption to maintain its global power dominance."
https://twitter.com/JasonPLowery/status/1634691751293210626?s=20
" What country is going to trust another's CBDC?"
Perhaps the same ones that would peg their own money to the fiat of another State, after they stole the gold of so many. It's not a lack of wisdom, it's the deviance of politics. The people are tricked; the politicians rewarded.
Obedience is the power of the State. Without it, they are abolished.
Walk away, be Unruly.
Thereafter, there may be a need for self defense.
#abolishTheState
Correct me if I'm wrong. Credit money is supposedly market based debt obligations. But what are CBDCs? Promises?
I don't think they are equivalent
