#Bitcoin is a lot of things to a lot of different people. To me, it is pristine digital collateral with a clear global ledger. It's an asset that has no liability—the only liability is losing your private key, but no one else holds a claim to this asset except the holder of those keys. That is what makes it the perfect asset for large-scale global settlement. #Bitcoin is ideal for nation-states that do not trust each other’s monetary practices. HODL