The difference is that one inures to state governments rather than the federal government. The concern at the time was that the federal government would take guns away from people in order to neuter the States' power to defend itself. The States themselves free to do what they wanted to regulate their citizens and militias.
I wonder to whatr extent BTC could be seen as an investment in a corporatist future where nationstates are less influential than the fictitious entities they have spawned.
I don't disagree but wonder whether the fact that it doesn't have a phyiscal property would militate in its favor over gold. I recently read a story about how a Saudi prince was having a few tonnes of gold driven to a neighboring country every day in order to avoid trade restrictions. Seems like it would be a lot easier and safer to just click a button on his computer. That said I could imagine it easily cutting the other way and saying that golds tangible properties are an advantage. This is a fascinating subject!
How is a currency backstopped by nothing going to be superior? Volatility? It won't have the same exposure to the source of volatility to which national currencies are succeptable? Presumably it wouldn't be encumbered by an obligation to provide for the welfare of its constiuents. But in that sense, the burdens of a citizenry also translate into a valuable commodity which can be leveraged in the form of labor.
Just spitballing here. It's a very interesting thought exercise.
No person or entity can affect the money supply so the only governance function would presumably be
This seems very murky. It's utility as a currency of last resort seems uncertain and therefore relatively weak. Considering it would have to serve as a source of stability in a time of volatility which is itself a highly uncertain proposition.
To my mind, seems likely BTC is being used by the super-wealthy (persons and fictitious entities, i.e. corporations) to avoid taxes and to pay bribes.
Odds are good that we are the lone source of intelligent life in our galaxy. In the universe? Not so much. The question really comes down to FTL travel. No FTL and we are likely to turn inward and look to artificial environments and virtual realities. If there is FTL then its possible that we could continue to look to the stars for a good long while.
Can't the nodes be compromised? I've eschewed using it as USG is purported to have taken over entrance and exit nodes using a combination of threats and bribery.
Agreed. I wonder how much of that money is from strawman purchases that can't be traced directly to russia yet. When the dust finally settles on all this we'll see that twitter received millions from russian surrogates.