The only way the State can avoid chaotic disintegration as the consequence of a mass exit into #Bitcoin would be front run it.
The only way the State can avoid chaotic disintegration as the consequence of a mass exit into #Bitcoin would be front run it.
I think the IMF paper from 2007 said exactly this. If you want to protect your currency from a run into Bitcoin, you must first get Bitcoin to sell at the righ time.
