You’re 💯 right about the colonial extraction. Britain did destroy India’s textile industry to create their own. But here’s the thing: that kind of wealth transfer only works temporarily and requires massive state violence to maintain.

The countries that got rich and stayed rich were the ones that built actual productive capacity, not just extracted it. And today’s financial flows through London? That’s the same extractive model, skimming off the top of other people’s productivity.

I will argue until the end; Bitcoin eliminates that middleman rent seeking entirely. No London clearing houses, no offshore havens, just direct peer-to-peer value transfer.