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Interesting. The last paragraph says,
If we work to technologically facilitate extremely broad access to and interest in sovereignty, via keys and nodes, we can entrench a broad, distributed collection of opposing interests that makes subverting the monetary properties untenable. If we fail to technologically provide for highly distributed, direct interests in the happenings on L1, then most people will inevitably lose access to those monetary properties, as they did with gold. Scaling isn’t about increasing capacity to help commerce: it’s actually increasing defense.
I think the logic is sound, but the language is dense.
20 sats \ 0 replies \ @k00b 8 Jul
To be fair, its audience is the choir.
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