I don’t get it, how does a nation project power through a completely optional financial tool that they can’t control? Power projection one would assume is all about influencing your enemy, but bitcoin is all about neutering that ability.

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I think if other states passed US in hash rate, it would be another nail in the petrodollar coffin and loss of superpower status from yet another angle 🤔. But I'm gonna have to buy and read that book to know this theory better. It is a theory though you're right.

Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin https://a.co/d/e24KhrK

Retards often forget that, in the end, might is what makes right. Your enemies, whoever they are, don't care how much Bitcoin you have; they care about what you physically have that they want and whether you can physically defend it. Everything else is just a gentleman's abstraction which becomes less and less relevant as physical resources become more and more scarce.