

Bitcoin as a Weapons System | The Jason Lowery Series | Episode 3 (WiM134)
50 snips Feb 9, 2022
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Bitcoin as a New Rule of Law
- Bitcoin is a new rule of law written in C++ where nodes act as legislators.
- Miners are paid in Bitcoin to defend the network, similar to how traditional militaries protect physical property.
Nuclear Stalemate
- Nuclear weapons create a stalemate in kinetic warfare, making them too costly to use.
- This necessitates trust in those controlling these weapons, limiting permissionless property control.
Bitcoin as a New Jurisdiction
- Bitcoin offers a new jurisdiction for monetary property, separate from physical location.
- Individuals become legislators by running nodes, aligning incentives for a stable monetary system.