Just finished listening your podcast about 30min ago.

I agree mostly with Jason. To me yes, he understands the importance of money and why everything about a Bitcoin is important., but there is more he speaks to. A weapon, defense or offensive is just a point of view. Still trying to grasp how exactly it plays out IRL. My thoughts on that below. Thanks Peter!

Hash force will most likely be a thing.

Army secures your land; allows for your “peaceful” travel and commerce.

Navy protects your sea lanes; allows for “peaceful” travel and trade

Air protects your skies a live your land and at sea; allows for “peaceful” air travel and trade.

In reality these aren’t peaceful. The US military is a projecting force that stops another nation from disrupting their trade and travel. If you choose to actually attack you could be met with real military power. The threat of of power (physically) and the rules(arbitrary) get enforced by a hierarchy of the physical power. The result of this posturing and rules set is peaceful travel and trade, on a national level.

Bitcoin PoW secures “money/information/bits” and by securing the network(mining) you decentralize and protect travel of information and trade(commerce).

Additional, mining allows you to reject transactions. If the US mines as a nation state, they could impose a real cost by winning blocks(power) and rejecting transactions of a hostile nation. Or they could protect the US from being censored from the next block. They are encouraged to win every block, beyond just the monetary incentive.