I see it as a real possibility. Just like the original ‘tea party’, I’ve always believed the trigger would taxes.

I imagine a scenario where the blue states need massive bailouts. The federal govt starts transferring funds, basically taxing the red states to give to blue states. At some point, Florida and Texas lead an initiative to stop paying federal taxes and switch their state banks to bitcoin.

It’s far fetched but getting less so as time goes on.

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Spot on. I realized the distinct potential for disruption when the states started ignoring federal cannabis laws.

I could see something similar happening with more important issues (2nd amendment and/or Bitcoin ownership) and it starting a chain reaction where states secede from the Federal government and they completely lose tax base and control of some states. Potentially destabilizing that institution to a point where it fails.

Yes, it could be as simple as red states mandating state banks to support bitcoin for state residents. Might start a chain reaction.