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immibis
4 months ago
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Sleeping beauty Bitcoin wallets wake up after 14 y...
And the Bitcoin blockchain is just another state, with just another monetary system, which you can diversify into or not, and it can fail or not.
lottin
4 months ago
[–]
A blockchain is not a state. A state is a political entity that rules a territory through the monopoly of violence.
immibis
4 months ago
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https://write.as/no-time-like-tomorrow/a-blockchain-is-a-sta...
lottin
4 months ago
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root
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Sorry to say, but you're deluded. A blockchain is made of "information". Information has no coercive power. A blockchain can't enforce laws. It can't stop illegitimate violence. It can't perform any of the functions of a state. Not even remotely.
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