Trying this on for size:
What if gov't existed solely to assist individual citizens in the protection of their property rights against theft or seizure by aggressors?
#Bitcoin
#Plebchain
It's a big deal that #Bitcoin is opt-in.
There's no bodily threat aimed at anyone; no demand it must be used - or else! ( Not dependent upon legal tender laws for adoption ).
We use it because we like it.
It has utility.
And our nodes are like our heads nodding together in consensus on this, as we agree to cooperate.
Don't like it? Make your own fork.
#Plebchain
What is hard to fully grasp is the significance of absolute scarcity.
Digital scarce assets which can be owned, transferred, and audited, make a sound digital money possible.
This new absolute scarce money will devour fiat monies.
As fiat dilutes in value,
Bitcoin gets denser in value.
#Bitcoin
#Plebchain
Gresham's Law:
"Bad money drives out good."
Meaning that when two forms of currency with the same nominal value exist, people will tend to hoard the more valuable currency (good money) and spend the less valuable currency (bad money), ultimately leading to the devaluation of the monetary system.
#Bitcoin
#Plebchain
