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Cryptography, as the state department used to understand, is a munition (but of course, thank God for the First and Second Amendment). Cryptography based peer t
by cykros 2y ago
Cryptography, as the state department used to understand, is a munition (but of course, thank God for the First and Second Amendment). Cryptography based peer to peer currency that can replace a debt based system of inflation that provides an unfair advantage to the first spender of the new money is a particularly powerful munition in addressing this issue.
At least Bukele seems to get this. As does the IMF, as evidenced by their panicked attempt to shut him down.
No rush in any case though; the people who understand Bitcoin the best are those that need to, and rapid adoption is just a stressor on those building out the rails.