Oddbean new post about | logout
 bitcoin should be for people to transact peer-to-peer, not for nation states to get into dick measuring contests with https://image.nostr.build/80cfe7463a850dea1496efaa9f1144b54af441439a380a359fa325f065bfa47e.jpg  
 what if that isnt what theyre doing at all, and few are paying attention to what is really happening there? 
 what are they doing athy? 
 the nation state bitcoin arms race has begun.
BRICS trade settling in btc. 
 this seemed inevitable after the first attempt to create a digital currency russia/venezuela controlled fell flat

https://en.m.wikipedia.org/wiki/Petro_(token) 
 notably: shut down in jan 2024 👀 
 competing economic empires:
“hey this cant be censored by the G7, and there will only ever be 21 million of them. And we can mine them. “ 
 Care to enlighten us? 
 read. watch. listen.
stay off bandwagons. 
dont eat yellow snow. 
 Thanks for the advice 
 Well, that's just a consequence of having a thing that anyone can use. It's something we have to get over until we can reign governments in. It will take time. 
nostr:nevent1qqs2shephegevcrmal00nd5d6l2arj2e6z5zms8s4ncdhlp6qrxpedsppemhxue69uhkummn9ekx7mp0qgsvh300dvquh50l5t9et2257pxrsk5ndsdgdcdmnnxl9nc0f6l2ejcrqsqqqqqphwzx38 
 Bitcoin is permissionless, it should be for anyone. 
 It can be both. Besides, we can't stop them 
 Oh, I thought it was pee to pee now I have to give up my nation state and obelisk desires. 

Darn! 
 Agreed, although I don't know that we could stop them now.  Good news, governments are terrible at saving,
So as long as the market demands bitcoin for their time and resources they won't have Bitcoin for long. 🤷🏼‍♂️ 
 Too bad it's a permissionless network so there's no way to control whether the participating peer is an individual, company or nation state.