The follow-up from a Eurobanker just now does make a bit more sense. Still plenty of hyperbole and sarcasm in there, but there's also an observation that ought to be food for thought for those of us that are still focusing on carrier fleets:

I personally don't think it's a "stockpile bullets, not bitcoin" equation. But to be honest, I'm increasingly afraid for the powers on both shores of the Northern Atlantic that they're not paying enough attention to modernization, let alone invest in the development of useful defensive platforms. You don't want to be outclassed by simply because you were asleep at the wheel.

I'm spending more time each day trying to conceptualize what civilian defense against drone attacks would look like.

I find the bullets > gold/silver argument interesting

He does have a point. Monetary and military power structures are highly aligned. The Chinese learned this when the British Empire wished to trade with China but China rejected Britains envoys seeking trade. The British subsequently invaded China 1839 taking on Chinas antiquated military with superior British cannons and warships- the British won and claimed damages from the defeated Chinese Emperor- they demanded territory and reparations - Hong Kong initially and there they emplaced their banks. From there the British imported Opium from Calcutta and made addicts of hundreds of thousands of Chinese who provided the funds for the British to buy the Tea and other Chinese products the British wanted. After the British every imperialist wanna be followed and China was deluged with multiple nations and their traders imposing their will upon Chinas sovereignty...perhaps the worst being Japans invasion and occupation through the 1930s until the end of WW2. Chinas hundred years of humiliation left its mark and the Chinese people have not forgotten. Today China has regained control of Hong Kong and is using it to reverse engineer the banking hegemony that the west imposed from 1840 onwards. Chinas CBDC trade payments protocol mBridge and their CIPS trade payments alternatives to USD/SWIFT banking protocols enables China to now trade with partners outside of the wests banking hegemony- but developing its banking protocols alternative to the US SWIFT system also requires China to have a military that can repel any offensive launched by the west. The hierarchy of the wests banking and military is highly aligned. Japan, S.Korea, Australasia, Canada, Britain and Europe are all more or less monetarily and military subservient tribute states to the US military and banking structures. China is taking them on with its mercantile strength, having won the trade war, and by building economic and military alliances with N.Korea, Iran and Russia. With the Saudis having joined BRICS and mBridge, the era of US monetary and military petrodollar hegemony is facing an existential threat. Bitcoin is more of a hedge and refuge than an alternative to either USD or CBDC Yuan hegemony. The role of the nation state in economic strength, power projection, trade and trade payments protocols and resource hegemony is surely too great to imagine Bitcoin replacing the imperative of super powers to leverage their monetary systems to reinforce their military capabilities?

This is really just a clown...and it will remain that way!