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> Bitcoin has a neat feature of not requiring armies or vaults to protect itself. That premise is false. If Bitcoin wins out and becomes dominant, nations wit
by adventured 4y ago
> Bitcoin has a neat feature of not requiring armies or vaults to protect itself.
That premise is false.
If Bitcoin wins out and becomes dominant, nations with very large economies (in particular) and a lot to lose accordingly, will absolutely have to use their militaries to defend the networks that power Bitcoin.
There is no scenario where Bitcoin becomes a lot bigger and doesn't require military protection globally. It'll require military protection as much as any other super asset, if it reaches the scale of the others that comprise a large chunk of national wealth in a given country.