Why Bitcoin Shouldn’t Be Scaled: How Bitcoin Will Become A Commodity Money That Inspires Our…

Excellent piece. Having read some of Nick’s work on why/how humans use money, bitcoin makes a good deal of sense as simply the next logical stage in our species’ financial evolution.

Sadly I fear entrenched interests is the current system may be the biggest barrier to this disruption actually taking place. Bitcoin’s decentralized nature will be no defense against that most powerful of potential adversaries - should it be sufficiently motivated to stop it. And I suspect it will, before too long now.

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