Can you understand why I disregard Lowerys thesis? Governments/States ultimately collapse through centralisation and greed, Bitcoin is driven by the individuals who have suffered at the hands of this, it makes no sense for it to be a power projection play for them, because the very thing they’re projecting will break them down.
Discussion
If I'm being honest, I haven't read his book so outside of a few podcast discussions he's been a guest on, I don't feel like I'm nuanced enough to comment on its overall viability. However, I'm more concerned about individuals gaining their own sovereign power through Bitcoin, than I am governments.
It’s the government paradox. Because Bitcoin always flows to value. So even if they got into it, and are first, they eventually will run out of bitcoin. And selfdestruct.