bitcoin should be for people to transact peer-to-peer, not for nation states to get into dick measuring contests with

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what if that isnt what theyre doing at all, and few are paying attention to what is really happening there?

what are they doing athy?

the nation state bitcoin arms race has begun.

BRICS trade settling in btc.

this seemed inevitable after the first attempt to create a digital currency russia/venezuela controlled fell flat

https://en.m.wikipedia.org/wiki/Petro_(token)

notably: shut down in jan 2024 πŸ‘€

competing economic empires:

β€œhey this cant be censored by the G7, and there will only ever be 21 million of them. And we can mine them. β€œ

Care to enlighten us?

read. watch. listen.

stay off bandwagons.

dont eat yellow snow.

Thanks for the advice

πŸ˜‚ πŸ˜‚ πŸ˜‚

Well, that's just a consequence of having a thing that anyone can use. It's something we have to get over until we can reign governments in. It will take time.

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Bitcoin is permissionless, it should be for anyone.

It can be both. Besides, we can't stop them

Too bad it's a permissionless network so there's no way to control whether the participating peer is an individual, company or nation state.