, 5 tweets, 2 min read Read on Twitter
If you like the United States Government using its monopoly on international payment clearance as a tool of foreign policy, you're going to hate bitcoin.

Very few people actually realize that EVERY international bank payment has to go through the US Federal Reserve. When a Brazilian pays an Indian, it goes through NY.
The current manual monetary & financial system only has one full node.
Bitcoin is the only working alternative.
Govcoins start off redeemable in gold & end up with bureaucrats living off seniorage and playing policeman in all of the world's tribal grudges. For the first time in a century we no longer have to educate and convince them. We can just sidestep them.
The nice thing about this position on Bitcoin is that it is an open admission of the inferiority of the USD to Bitcoin.
Why else does the dollar need him to put people in cages?
Why do bitcoin users not demand others be thrown in jail for not using btc?
Manual 20th century monetary tech puts all economic life in the hands of politicians. Automated 21st century tech replaces them with electricity. Humans acting in markets in the next few decades will judge which is a better mechanism for a monetary system. Tune in & find out!
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