Splintern on Nostr: ...

quoting
nevent1q…szg4

I actually don't think Peter Thiel fully gets Bitcoin. I remember watching a speech he gave at a conference in which even though he was trying to pander to the crowd, he made no sense.

I think Thiels range of possibilities is dependent on the current incentive structure remaining in place. There's no reason that AI authoritarianism, Sharia law, and extreme environmentalism, can't all happen at the same time under that scenario. It's just a matter who consolidates power.

What I think Thiel doesn't get is that Bitcoin changes people's incentives. The power derived from the fiat machine is neutered. The ensuing political system will be an emergent property of the new underlying incentive structure.

I basically don't listen or engage anymore in political debates which aren't premised on hyperbitcoinisation.

Also, Sam Altman can eat shit and die.