Benewing on Nostr: Bitcoin also has the double early-adopter problem for nation states in that not only ...
Bitcoin also has the double early-adopter problem for nation states in that not only does it make other states look bad and be less competitive if your country adopts it, it also makes it harder for the new state to raise taxes through skimming transactions like vat or gst, or by printing money, both being necessary at the moment to defend yourself from invasion by jealous legacy fiat states. Hence my wish is probably just a wish for now
Published at
2024-08-26 22:08:33Event JSON
{
"id": "9507aeeed0dd4720aa4cbd2787c98f491144f8ec6581222af8e07834d0a93f36",
"pubkey": "72039a17ad045c0e2ffa0b2fdd9c08467f8190e04f4f4672ffb516a61a815f86",
"created_at": 1724710113,
"kind": 1,
"tags": [
[
"e",
"f3b5e8ef5a9163234b6c181d1b38d7f512980768a5ab41c7e9f1bdd71cb84ad9",
"",
"root"
],
[
"e",
"0f329529b1a3e5bec3b2a783221cfb07a675c2d6ec6b2b72329a48a739408101",
"wss://relay.wellorder.net",
"reply"
],
[
"p",
"72039a17ad045c0e2ffa0b2fdd9c08467f8190e04f4f4672ffb516a61a815f86"
]
],
"content": "Bitcoin also has the double early-adopter problem for nation states in that not only does it make other states look bad and be less competitive if your country adopts it, it also makes it harder for the new state to raise taxes through skimming transactions like vat or gst, or by printing money, both being necessary at the moment to defend yourself from invasion by jealous legacy fiat states. Hence my wish is probably just a wish for now",
"sig": "c0e992a23e2f992a734626a4517816c4f9754758b6064b3a8cc7a046bc7767044e1d186b47b2530a5cdb37c3a670d9a7d23f7388a62ce072795deb28fcdbe834"
}
