In 1775-1783 🇬🇧 Britain had the strongest navy in the world.
The American colonies were largely self-sufficient, so it was of no use
Eurasian nations should take note if they ever want to be independent from nations with stronger navies.
Bitopia
BitopiaLand@BitcoinNostr.com
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History & geopolitics through a #Bitcoin lense.
Who will be the first to realise #Bitcoin will determine the winner of this Great Power competition?
#US
#China
A reminder of what happens when a nation is first to adopt the latest fintech...
🇸🇻El Salvador
#Bitcoin
X (formerly Twitter)
Bitopia (@BitopiaLand) on X
The first country to adopt #Bitcoin.
El Salvador 🇸🇻 is the epi-center of a paradigm shift.
A Golden Age within its grasp & about to pun...
Inventions on the gold-standard:
-Steam locomotive (1816)
-Electric motor (1821)
-Analytical engine (1830s)
-Telegraph (1837)
-Sewing machine (1846)
-Vulcanized rubber (1844)
-Photography (1839)
The Agricultural Revolution started in 🇬🇧Britain in the 17th century & laid the foundation for:
-The Industrial Revolution
-Britain's rise to world dominance
Let's not forget that agriculture is the foundation of every successful nation.
Nations can never really trust each other b/c they can never be 100% sure of each other's intentions.
Therefore they can't trust each other's monetary policies.
Trading in #Bitcoin takes away any country's unfair advantage.
“Don’t explain #Bitcoin. Embody it.”
- Epictetus
In the 1780s 🇫🇷 France's & 🇬🇧 Britain's national debt was about the same.
But 🇫🇷 France's interest payments were nearly double. This led to increased taxes which created the public resistance eventually culminating into the storming of the Bastille in 1789.
#Bitcoin could have saved the 👑 king's head.
"Bad demographics" is supposed to lead to:
1- A decrease in capital to invest
2- A decrease in consumption
This "problem" doesn't exist w/ #Bitcoin:
1- More efficient use of capital
2- Consumption complemented by investments
“#Bitcoin often prepares an ordinary person for an extraordinary destiny.”
-Christopher Markus
"There are some problems that technology can't solve."
-Nick Bostrom
#Bitcoin art:
Wedding Procession (1892) - Maurice Denis
The Houthi attacks in the Red Sea will speed up the development of cheap land-based trade routes.
Bitcoin adoption for trade will come after BRICS realise the yuan is just as easy to manipulate as the dollar.
https://twitter.com/BitopiaLand/status/1643211200006635520
"#Bitcoin passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident."
- Arthur Schopenhauer
#Bitcoin art:
The union of love and friendship (1793) - Pierre-Paul Prud'hon
In the 18th century the port of La Rochelle in 🇫🇷France was competing with the 🇬🇧British ports of Liverpool and Glasgow for trans-Atlantic trade.
It didn't stand a chance. Why?
Unlike its 🇬🇧British counterparts, it was constantly preyed upon by the French 👑 crown looking for new revenue sources.
🇬🇧Britain and 🇫🇷France were deadly competitors in the 18th century.
🇬🇧 had one big advantage: its prudent governance allowed it to raise cheaper credit.
🇬🇧 understood the value of the #Bitcoin standard...
Ming China persuaded the Jesuits (Christian missionaries) to lend their expertise to help them improve their cannons.
The Ming government immediately established a centralised monopoly & any incentive to further innovate went away.
Decentralisation breeds innovation.
#Bitcoin
The Houthis show you don't even need a superior navy to disrupt sea trade.
🇨🇳China's best strategy is to source resources in Eurasia and sell its tech to 🇧🇷Brazil in exchange for 🇧🇷Brazil mined #Bitcoin
(this digital trade cannot be interupted by anyone)
https://twitter.com/BitopiaLand/status/1640376676994433025