#Bitcoin art:
Bather (1765–1785) - Étienne Maurice Falconet
The 🇫🇷French Revolution made 🇫🇷's armies invincible b/c soldiers were intoxicated by the ideas of the Revolution. And so were many enemy soldiers...
The same is happening in the #Bitcoin Revolution. Its ideas intoxicate friends and foes...
Every Eurasian nation should be interested in developing land-based trade routes.
The question is how to make that many countries work together?
#Bitcoin
In the emerging multi-polar world the 🇺🇸US will act more and more as a rogue state.
Land-based Eurasian trade routes will become extremenly important.
https://twitter.com/BitopiaLand/status/1648738158488453131?s=20
In the emerging multi-polar world the 🇺🇸US will act more and more as a rogue state.
Land-based Eurasian trade routes will become extremenly important.
https://twitter.com/BitopiaLand/status/1648738158488453131?s=20
For the same reason it's going to be impossible for the 🇺🇸US to restore its rule over the Red Sea.
In 1775-1783 🇬🇧 Britain had the strongest navy in the world.
The American colonies were largely self-sufficient, so it was of no use
Eurasian nations should take note if they ever want to be independent from nations with stronger navies.
Who will be the first to realise #Bitcoin will determine the winner of this Great Power competition?
#US
#China
A reminder of what happens when a nation is first to adopt the latest fintech...
🇸🇻El Salvador
#Bitcoin
https://twitter.com/BitopiaLand/status/1636062034772017153?s=20
Inventions on the gold-standard:
-Steam locomotive (1816)
-Electric motor (1821)
-Analytical engine (1830s)
-Telegraph (1837)
-Sewing machine (1846)
-Vulcanized rubber (1844)
-Photography (1839)
The Agricultural Revolution started in 🇬🇧Britain in the 17th century & laid the foundation for:
-The Industrial Revolution
-Britain's rise to world dominance
Let's not forget that agriculture is the foundation of every successful nation.
Nations can never really trust each other b/c they can never be 100% sure of each other's intentions.
Therefore they can't trust each other's monetary policies.
Trading in #Bitcoin takes away any country's unfair advantage.
“Don’t explain #Bitcoin. Embody it.”
- Epictetus
As a last and desperate measure the 👑 king's government exponentially inflated the money supply in 1789 and 1790.
Instead of saving the situation, this only made it far worse.
In 1793 the 👑 king (Louis XVI) paid the ultimatre price when he was executed by guillotine.
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In the 1780s 🇫🇷 France's & 🇬🇧 Britain's national debt was about the same.
But 🇫🇷 France's interest payments were nearly double. This led to increased taxes which created the public resistance eventually culminating into the storming of the Bastille in 1789.
#Bitcoin could have saved the 👑 king's head.
"Bad demographics" is supposed to lead to:
1- A decrease in capital to invest
2- A decrease in consumption
This "problem" doesn't exist w/ #Bitcoin:
1- More efficient use of capital
2- Consumption complemented by investments
“#Bitcoin often prepares an ordinary person for an extraordinary destiny.”
-Christopher Markus
This prudent governance made 🇬🇧 British securities attractive to foreign investors and became an important part of the Amsterdam stock market.
Thus laying the foundation of Anglo-Dutch commercial & financial relationships that last until today.
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"There are some problems that technology can't solve."
-Nick Bostrom
