bitcoin or shitcoin?

https://bitstein.substack.com/p/toward-a-node-world-order

'Citizens' constant vigilance is more effective in preserving a stable currency than numerous laws and bureaucratic agencies.'

The

text discusses various topics related to economics, money, and the role

of bitcoin.

It emphasizes the importance of technological innovation and the

accumulation of capital goods and technology for economic growth.

It also highlights the role of money as a medium of exchange and the

historical use of gold as money.

The text mentions the challenges and vulnerabilities of using gold as a

medium of exchange and the potential benefits of using bitcoin.

It argues that running a full node and holding private keys is necessary

for ownership, scarcity, and censorship-resistance in the bitcoin

network.

The text suggests that bitcoin has the potential to become a global

reserve currency and upgrade the economic operating system.

It concludes that dependence on bitcoin will grow, leading to increased

security and productivity in the economy.

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