A lot of salient ideas here with regards to political economy generally, which I think can be boiled down to the fact that almost ALL human interaction, except perhaps the base layer operations of money (and speech) on an internet standard, benefit demonstrably from some non-zero amount of centralization / centrally-managed coordination.

Full disclosure, I tend to believe that there is high potential for Bitcoin lead to, at least, the expression of the night watchman state in certain places - though certainly non universally. This I think is a good thing because diversity across systems is resilience.

Instead of inescapable global hyperbitcoinization, perhaps what’s more likely - at least over the near-mid term, is a spectrum of systemic outcomes ranging from 1984 style fiat-panopticon to full on giga-Chad hyperbitcoinized libertarianism, with everything else in between.

That said, fiat has emerged as the present global monetary standard, overtaking previous standards before it. I see no reason my the prevailing system cannot or would not be disrupted in the same way where conditions make it, collectively, at the society level, what is determined to be the optimal path forward.

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