After hyperbitcoinization it’ll be much more difficult to extort money from people. I think the sovereign individual thesis is the path that we see play out. Governments treat noncitizens better than their actual tax cattle. And Bitcoin allows you to easily leave the jurisdiction that is abusing you so the state will shrink until it is no longer a threat.
Discussion
Would be such a huge inflection point. I’ll do whatever it takes to support that timeline.