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101 sats \ 2 replies \ @blocktock OP 26 Jul 2022 \ parent \ on: Sovereign Individual - When to move country? bitcoin
On China, I have heard James Davidson (the co-author) describe that the collapse of the Soviet Union and also the Berlin Wall were very significant moments. Essentially suggesting that China in its current communist phase will not endure, not for multiple decades in this era with asymmetric defensive technology. That said, they may have strong influence for a few more years yet.
Obviously I imagine the authors did not envisage all of the other technologies that empower the state, but Bitcoin is certainly the most bullish argument in favour of freedom for Chinese & worldwide SIs.
China is pretty obviously shitting the bed demographically, and financially. They've overcommitted to authoritarianism, absolutely gutted innovation in their tech sector, and are now facing population trends that will be catastrophic. It's a question of whether their nuclear energy strategy plays out, and whether the West can get it's act together in terms of energy security. India stands for win from all this. Great demographics, unrelenting to scam green energy, and an opportunity for jurisdictional arbitrage in Asia specifically.
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Agree 100% on their current trajectory, assuming they don't reverse course this decade.
I will forever now interpret sb to mean 'super bearish' China and 'super bullish' India.
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