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Bitopia
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History & geopolitics through a #Bitcoin lense.

Here we go again...

“Bitcoin isn’t a store of value because you can’t touch it”

Worst argument against #Bitcoin ever!

If this was true, email, love, reputation, social media would also not be real.

The narrative is always that 🇨🇳China is wearing down 🇹🇼Taiwan's defences with their incursions.

But isn't the bigger story that 🇨🇳China is giving away its strategy by doing this?

#geopolitics

"A man will give up almost anything except his #Bitcoin."

-Chogyam Trungpa

#Bitcoin would make a 🇨🇳China - 🇷🇺Russia alliance unstoppable.

#Bitcoin #art:

Mont Sainte-Victoire and the Viaduct of the Arc River Valley (1882–1885) - Paul Cézanne

#Bitcoin #art:

The Balcony (1868) - Édouard Manet

At the pinnacle of its power Rome had a 1% tax rate.

Do you think there is a correlation between low taxes and the success of a nation?

"#Bitcoin is essential to achievement and it is also the foundation of courage and true progress."

-Nicholas M. Butler

#Bitcoin #art:

The Starry Night (1889) - Vincent van Gogh

The problem is Peter Schiff can't talk about gold's stock-to-flow.

It would mean admitting #Bitcoin has an even higher stock-to-flow.

And is therefore more desirable than gold.

Gold's monetary premium is not derived from it being a useful metal.

It's derived from it's high stock-to-flow.

Come on Peter Schiff... You can do better than this!

https://iris.to/note1k6eyxqysgz4u7dkjv0kll7aj4ywpcrnwzd5ggjsjt6cssywz25dq62u56l

“Trust me, bro…”

That's what central banks will say about their gold reserves if we go back to "gold-backed" currencies.