Well argued article. I generally agree with you that many elements of the hyperbitcoinization narrative are rather fanciful,, and I also generally agree that the "Bitcoin fixes everything" narrative is a massive oversimplification. From that, I believe you're still bullish on Bitcoin. My question is...

Thoughtful and balanced 👏

A lot of salient ideas here with regards to political economy generally, which I think can be boiled down to the fact that almost ALL human interaction, except perhaps the base layer operations of money (and speech) on an internet standard, benefit demonstrably from some non-zero amount of centraliz...

Appreciate the thoughtful article. One thought I would offer... You don't expect the welfare state to go away because you say people want it to exist. If I analyze that, I think it's important to specify what people actually want. They want the benefits of the welfare state for themselves, with...

To me this reads more like an argument against libertarianism than hyperbitcoinization. The first governments to adopt can happily have guns and butter while collecting taxes in bitcoin.

good to have a Mike Brock weekend read again! =) tho these are all assumptions from both sides - nobody knows what will happen when use cases of bitcoin picks up. There are too many variance - culture, current gov'ts and motives, the level of understanding among people etc - application will clue yo...