Gavin Green on Nostr: Interesting read, thanks Susie. As the saying goes ‘Bitcoin is for everyone’, so ...

Interesting read, thanks Susie. As the saying goes ‘Bitcoin is for everyone’, so it’s for governments too. Bitcoin works on the premise that people follow their own incentives, and that will apply to governments too. It brings to mind the Softwar thesis. Cyber power is the next frontier. It makes perfect sense that governments would want to control the network and block space and the only way to do this is through hashpower - hence cyberwar. Furthermore while transaction costs may be higher for non-compliant transactions, this is the case for non-kyc peer to peer bitcoin sales too. These are more expensive than buying from an exchange. People will pay more for less surveillance.