börje on Nostr: When large paradigm shifts have occured historically, it is a rule rather than an ...
When large paradigm shifts have occured historically, it is a rule rather than an exception that the incumbents fail to adapt and instead the new leaders emerge from the periphery. It happened so many times from the roman empire to the brittish empire.
With regards to a potential hyperbitcoinization - it should be viewed as a similar historical paradigm shift - and as such - it would be wise to assume that the liberal democracies of the west will not promote and facilitate such a paradigm shift. In fact, it is indeed clear that they are doing the exact opposite - they are resisting the change.
So from a historical perspective, the west would be the wrong place to look for, if you are looking for signs of hyperbitcoinization. Instead, the global south is likely the place.
With regards to a potential hyperbitcoinization - it should be viewed as a similar historical paradigm shift - and as such - it would be wise to assume that the liberal democracies of the west will not promote and facilitate such a paradigm shift. In fact, it is indeed clear that they are doing the exact opposite - they are resisting the change.
So from a historical perspective, the west would be the wrong place to look for, if you are looking for signs of hyperbitcoinization. Instead, the global south is likely the place.