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2024-08-31 05:18:32

PrimordialšŸ«Ž on Nostr: "#Bitcoin represents the only globally-adoptable physical power projection technology ...

"#Bitcoin represents the only globally-adoptable physical power projection technology that is practically useful for nations to settle major policy disputes (including but not limited to international financial policy disputes), establish zero-trust control over valuable resources (including but not limited to financial information), achieve global consensus on the legitimate state of ownership and chain of custody of property (including but not limited to digital property), and preserve freedom of action and exchange of goods across cyberspace, and do it all beyond the limit of the kinetic ceiling where kinetic power projection competitions are no longer practically useful. Combining these observations with the fact that running a hash force can be a profitable endeavor due the high monetary value that people assign to underlying bits of information exchanged across these networks, this means proof-of-power protocols like Bitcoin paradoxically have the potential to represent the most powerful and efficient physical power projection technologies ever discovered by agrarian society."

-Jason Lowery

#bookstr #war #power
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