More people are becoming aware of the plan, this is good.
Discussion
We’re too early for CBDCs. That’s the end game, there’s a lot of pain and turmoil to go before they thrust that on people.
They’ll come when people are totally desperate and willing to accept anything to stop the pain.
Exactly, the masters of the world execute very long term plans for the common mortal, 10 or 20 years, even more. It is just as you said, they are going to stress everything to the maximum and then the CBDC will be the saviors of the problems created by themselves.
However, CBDC will be fully implemented before 2030, that is the plan, 2020-2030.
Yes that much I agree with. “The plan” here reads like CBDCs are going to come in a few months after some bad bank runs which is definitely not the way I see it playing out
masses will chose CBDC not bitcoin - they still go with G - same way it was played in 1971 Nixon shock. maybe 10% or less held onto $42/once yellow rock. let see if diff this time - only 500million btc user/5billion internet users after 14yrs
Yes, my scenario has never been that people will adopt bitcoin, they won't, bitcoin will have a partial success case, it will be adopted by the elites and by people with sufficient critical capacity.
it really needs "real radical recent shock" to get sheep/masses zapped - like is happened in 1996 asia (Thailand Korea, Malay), VN (1970s), Balkans (1990), Russia 1989, Germany 1920s, Argetina (forever)... slow 10 to 15% inflation/devaluation like in Turkey / India / SouthAfrica - doesn't shock masses they will take as is except elites / well-informed in those places
Agreed but I’d say a huge driver in that is how much bitcoin companies can deliver products and services that can be easily digested by everyday people. As a collective we have come so far, the wallets and UIs are much more user intuitive but still a ways to go.
point is good
- "tech simplification bur secure BTC wallet" for average layman of any age/background is more important than marketing to handful millionaires - many pleb punks dnot get this bc they think they can do mean other can do it. "others" a subset of people who always TRUST 3rd party to catch/blame/mangetheirfund
- scams/mania will always be there like 1700s dutch tulip / Charles Ponzi 1900s - scams / criminals existed before internet/bitcoin since before christ
- ask how many have at least one self custody wallet in bitcoin? (reason many youngsters evm type metamask wallet they r lazy install bitcoin node wallet)
My hunch also tend to agree with this. Let's see how it will unveil in the near future.
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I'm not a fan of the war language used by Jason Lowery, and I'm sceptical of invoking the second amendment, but I think the power projection argument to SECURE property is the right counter argument to CBDCs. Particularly from a national security perspective for international trade. What country is going to trust another's CBDC?
Softwar as summarised by Chat GPT
"Bitcoin's "proof-of-work" function has the potential to be a strategically important national security technology for the US in the digital age. However, the American public lacks the necessary understanding of the complexity of proof-of-work, modern power projection tactics, the function of militaries, and warfighting. This lack of understanding could jeopardize US national strategic security as the future of US national strategic security hinges upon cybersecurity. Bitcoin has demonstrated that "proof-of-work" functions as a new type of cyber security system. Nations are beginning to recognize the potentially substantial strategic benefits of Bitcoin, and the US could lose its strategically vital power projection technology lead to its competitors if it does not consider stockpiling strategic Bitcoin reserves. If the US policymakers continue to categorize Bitcoin as "cryptocurrency" and allow institutions with conflicts of interest to claim to be experts in proof-of-work technology, they could compromise US national strategic security. The primary function of militaries is to protect and defend access to international thoroughfares, including cyberspace. Until Bitcoin, nations have not had an effective way to physically secure their ability to freely exchange bits of information across cyberspace without resorting to lethal power. Bitcoin can provide nations with the technology to impose severe physical costs on belligerent actors trying to access or interfere with valuable bits of information. The adoption of Bitcoin could represent a new type of cold war, a cyber space race. The US needs to recognize the potential benefits of Bitcoin and encourage its adoption to maintain its global power dominance."
https://twitter.com/JasonPLowery/status/1634691751293210626?s=20
Well damn. Too easy.
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