stacksatsio on Nostr: In all the matrices of monetary properties comparing #Bitcoin to #Gold and #Fiat, ...
In all the matrices of monetary properties comparing #Bitcoin to #Gold and #Fiat, this is the most important and least understood. Particularly by normies who get stuck on “what if the power goes out” rather than consider the probability that their Government becomes tyrannical again.
Lyn Alden calls it “optionality” which is a good term for it, but if you’ve read The Sovereign Individual and want to live on a Bitcoin Standard, this is a better framing.
Lyn Alden calls it “optionality” which is a good term for it, but if you’ve read The Sovereign Individual and want to live on a Bitcoin Standard, this is a better framing.
quoting note1ad3…cne5Jurisdictional arbitrage is one of #Bitcoin killer features. The ability to get on a plane or cross a border with your net wealth in your head and no-one else knowing what you have is massive; good luck to failing sovereigns implementing capital controls or attempting to tax the shit out of their subjects when people fully grok this. note19ny…yktc