6min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC130: Inscriptions & High Fees On Bitcoin L1 w/ Tuur Demeester (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

Bitcoin Nation State Adoption

Bitcoin is going to be the funnel through which a lot of that is going to happen. I don't think it's coincidence that El Salvador adopted Bitcoin because they're landlocked and they have huge amounts of volcanoes. If you're cut off from the world, you can be like, let's just build a bunch of Bitcoin mines or just, you know, have low taxes and we want to foster Bitcoin economy in our country. And also interesting, there's also kind of a game theoretical element at play where if you're the first central bank to buy, you're going to get a lot cheaper bitcoins.

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