pull down to refresh

In 1519, Hernán Cortés led a Spanish army to modern-day Mexico to conquer the Aztec Empire. Upon landfall, two leaders mutinied to return to Cuba at the order of the governor who had commissioned the fleet Cortés led. In response, Cortés scuttled his fleet to forestall any future mutiny by closing the sole path of retreat.
Against all odds, Cortés went on to defeat an opposing force of over 300,000 Aztecs, a few thousand Spaniards, superior military technology, an unforeseen smallpox outbreak, and shrewd political alliances ultimately prevailed.
Going around invading sovereign people is the opposite of what bitcoin winning will look like.
There are several historical moments that would have worked far better to compare bitcoin to than the Spanish conquest of the Americas. The kind of people who would identify with both bitcoin and the Spaniards in this story are the same kind of danger represented by someone that identifies as libertarian but also thinks the USA is the good guy in the world.
It is completely nonsensical. Bitcoin and imperial conquest are the opposite of each other. One is is a decentralized and flat anarchy of peers and the other is a centralized pyramidal hierarchy with rulers, domination, and slavery.
reply
I think you completely missed the point.
If you commit yourself fulling to winning (by burning your backup plan if you fail), your likelihood of success increases.
Burn the ship. Board the liferaft.
reply
No, I understand pushing forward and not looking back in order to fully commit. We need to be careful about what historical comparisons we use.
reply
Fair enough. I was considering only the general concept and not the specific instance of it occurring that the article had used.
reply
Now we know the catalyst for this post:
reply
So what's the equivalent to 1519 ships in todays financial world?
reply
Federal Reserve
reply
I have no bank account anymore.
That's one way to burn the ship.
I occasionally still use my Cash App debit card though (where my Cash App account gets topped up using bitcoin), so I suppose I'm not entirely all-in, as I kept the dinghy.
reply