this post was submitted on 14 May 2026
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Jesus you're pedantic, and incorrect. Bitcoin is stateless, that is not what I described.
Gaddafi got killed not because of a digital currency, but because he tried to sell oil for gold instead of dollars. That's a different fight one about reserve currency status, not payment rail infrastructure. Let's not confuse the two.
But you're right about the core problem: any state that seriously threatens capital's control over money will be destroyed or sanctioned. So what do we do? Wait for global socialism? That's not happening this decade.
Don't aim for the whole currency. Aim for the rails first.
A digital euro as currently proposed is trash, full surveillance, no anonymity, state as Visa 2.0. But a different digital currency, one with mandatory judicial oversight for freezes, low-value anonymity, and multiple non-corporate validators is not "lipstick on a pig." It's a fire escape.
Your "burning house" analogy works against you. If the house is on fire, you don't say "no point installing a fire escape until we rebuild the whole house." You install the fire escape now to save the people inside, then rebuild.
Bitcoin failed because it had no state backing, no insurance, no physical anchor, and no judicial oversight. I'm describing the opposite. Don't throw out surgery because leeches didn't work.