The Boring-ification of the Crypto Narrative
The Breakdown
00:00
How to Protect National Sovereignty in Cryptocurrencies
Bitcoin was created in response to the 2008 financial crisis. Satoshi Nakamoto reversed Gresham's law, good money drove out bad. Governments protect their senior ridge with a favorable legal and tax status for currencies issued by sovereigns versus other assets. If these advantages are extended to crypto currencies, government revenues will suffer. When competition threatens, up your game.
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