Medieval Europe had lords that would plunder merchants. But others wouldn't

Trade always found a way & localities that were too restrictive would lose their income

De-centralisation kept gov's bad behaviour in check & would eventually unleash Europe

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With #Bitcoin we will see the same mechanism at play, but then at a global level.

Some countries will oppress Bitcoiners, while others will welcome them.

#Bitcoin's mobile nature will make capital (and skills) go to the welcoming countries.

Eventually forcing every country to accept #Bitcoin.

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This caused the regimes of Europe to start facilitating and encouraging market economies and thus increase their income.

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