What policy makers,, political parties, and aspiring politicians around the world will all learn, sooner or later, is the following.
We have passed the point where #Bitcoin can be killed or stopped.
Bitcoin is gravity, electricity, the rotation of the earth on its axis, the rotation of the moon around the earth, the rotation of the earth around the sun. It is what the digit “0” was to the preceding world of Roman numerals. It is now a part of the human experience and will continue to be.
Policy makers cannot and will not stop Bitcoin. They can only prevent individuals within their jurisdiction from easily participating in the benefits of Bitcoin (I say “easily”, because they cannot completely prevent this). They can only remove their government, and their state from benefitting from Bitcoin.
Ban Bitcoin mining? It continues elsewhere, accruing the financial benefit to those other jurisdictions, with a net loss to the jurisdiction “banning” it.
Make it difficult to exchange local currency for #BTC and hold it? Like with Bitcoin mining, you only push capital to leave your jurisdiction, while making your population hostage to impoverishment under old, dieing systems and structures.
This has already become evident to some governments, some politicians, and political parties. Over the coming months and years, others will learn. I lament the fact that most will learn this through the experience of loss and not through education and foresight.
To the people and countries that heed these lessons earlier and adapt to these realities — like #ElSalvador — will accrue the benefits of early adoption. As it did to those jurisdictions that harnessed mathematics and science.
The coming years will be rocky and far too many populations will suffer losses and disarray because of governments that refuse the opportunity to learn. Hopefully, the glaring light of opportunity, growth, peace and abundance in those other jurisdictions that have adapted to Bitcoin will be enough to spark popular movements from the ground up.
In the end, by the people, for the people. Onward!
Scott / Scott Wolfe
npub15m…mq643
2024-03-25 16:14:30
Author Public Key
npub15m9yc697s82zzy652py0uddmpp5e9xl0920vg6lau9n39fnnzsys6mq643Published at
2024-03-25 16:14:30Event JSON
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"content": "What policy makers,, political parties, and aspiring politicians around the world will all learn, sooner or later, is the following. \n\nWe have passed the point where #Bitcoin can be killed or stopped.\n\nBitcoin is gravity, electricity, the rotation of the earth on its axis, the rotation of the moon around the earth, the rotation of the earth around the sun. It is what the digit “0” was to the preceding world of Roman numerals. It is now a part of the human experience and will continue to be.\n\nPolicy makers cannot and will not stop Bitcoin. They can only prevent individuals within their jurisdiction from easily participating in the benefits of Bitcoin (I say “easily”, because they cannot completely prevent this). They can only remove their government, and their state from benefitting from Bitcoin. \n\nBan Bitcoin mining? It continues elsewhere, accruing the financial benefit to those other jurisdictions, with a net loss to the jurisdiction “banning” it.\n\nMake it difficult to exchange local currency for #BTC and hold it? Like with Bitcoin mining, you only push capital to leave your jurisdiction, while making your population hostage to impoverishment under old, dieing systems and structures. \n\nThis has already become evident to some governments, some politicians, and political parties. Over the coming months and years, others will learn. I lament the fact that most will learn this through the experience of loss and not through education and foresight.\n\nTo the people and countries that heed these lessons earlier and adapt to these realities — like #ElSalvador — will accrue the benefits of early adoption. As it did to those jurisdictions that harnessed mathematics and science. \n\nThe coming years will be rocky and far too many populations will suffer losses and disarray because of governments that refuse the opportunity to learn. Hopefully, the glaring light of opportunity, growth, peace and abundance in those other jurisdictions that have adapted to Bitcoin will be enough to spark popular movements from the ground up. \n\nIn the end, by the people, for the people. Onward!",
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