131 sats \ 1 reply \ @benwehrman 13 Sep \ on: Alex Gladstein AMA - bitcoin and freedom AMA
Someone's gotta ask it:
Which country do you think will be next to adopt the Bitcoin Standard??
Well to be fair El Salvador is still on the fiat standard. They are a dollarized country.
No country has adopted the Bitcoin Standard.
My guess is that it will be decades before we have sovereign territories that are Bitcoin-centric enough to consider them on the Bitcoin Standard. And credit/fiat instruments will still persist, just, I think, to a much less significant degree to today.
Large-scale nation-state mining, replacing "modern" fiat central banking with Bitcoin treasury management, and taxing in Bitcoin (as opposed to taxing in fiat) will probably be some of the biggest indictators that a territory is a Bitcoin Standard.
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