Friday 27 August 2021

Is Bitcoin is the first geopolitically self-sovereign asset on earth?


Realestate is tied to the country it is located in.Stocks and securities are tied to the country their exchange is located in.Bonds are tied to the issuing government of the country that issues them.Gold is tied to the country where the vault you store it in is located.Cash is tied to the monetary policy of the country that issued it.There is no other asset on earth that exists completely outside the control of all countries governments while simultaneously being able to be stored in multiple jurisdictions all over the world at once and is able to be moved instantly all over the world in seconds.This makes bitcoin arguably the best form of property on earth inherently upholding the strongest form of property rights while being the one asset with the least geopolitical risk on earth.If thats not the worlds supreme safe haven asset I don't know what is. via /r/Bitcoin https://bit.ly/2Y69Ub9

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