Great HHH Interview:
https://mises.org/library/private-property-order-interview-hans-hermann-hoppe
Assuming there is no unbacked paper trading
"If you don’t hold your own keys, you don’t hold bitcoin—but IOUs. If you don’t run your own node, you have no say in Bitcoin—you are beholden to someone else’s idea of Bitcoin."
https://dergigi.com/2022/12/02/bitcoin-is-the-rediscovery-of-money/
Does this bull have five legs?
The comparison is a category error because ETH is not decentralized.
A famous example of a category error is when Warren Buffett discredits Gold because it doesn't produce a yield like e.g. farmland does. He is comparing two things that are not in the same category (Gold is a form of money, not a form of income producing asset).
Since ETH is not decentralized it cannot ultimately become a government-hard money. It is not in the same category as Bitcoin, and afaik no other cryptocurrency is either.
“His SpaceX narrative is to get money from the government.”
You can tell SpaceX is Elon's most successful project because Lyn has to say the least about it. 😂
SpaceX is selling the US (and many other) governments a much needed service at an unprecedented low price. If course he's getting money from the government. The US and EU need launch services and SpaceX selling them.
BTW here's SpaceX's list of recent launches: https://www.spacex.com/launches/
As you can see it's mainly communication satellites, both government and commercial.
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Your understanding of economics apparently has room for improvement
https://youtu.be/xQebtqO5ikE so good!


