First U.S. State to Adopt Bitcoin to Reap Huge Profits

To maintain peace, cryptocurrency is a race to the bottom.

It is an arms race, but it has the potential to become the "animal spirits" of warfare shifting from conventional kinetic warfare to cyber warfare that brings human lives into the digital layer of our global society, with real and substantial cold deterrence as the desired effect in international affairs.

Indeed, those who understand Bitcoin have good reason to believe that Bitcoin is the best deterrent to shooting wars since the atomic bomb, which has historically been an important part of global financial competition and is closely tied to dollar politics.

Indeed, while Bitcoin holders can do whatever they want with it, including buying conventional weapons and funding wars, the Bitcoin financial system itself cannot be used to fund wars in the same way that governments have used central bank fiat currency throughout recorded history.

The question is, which U.S. state will lead the unions in adapting to the inevitable disruption caused by Bitcoin's rise on the global stage?

The Huge Opportunity Cost of Delaying Bitcoin Adoption

For the past two decades, Microsoft has been content to sit back and watch Google develop mobile software and make a handsome profit from it. Bill Gates claims that losing to Android was his biggest mistake.

Standing idly by and letting El Salvador, Mexico and other countries do the same with Bitcoin may be as much of a mistake as it is for the United States and its citizens. However, more and more U.S. policymakers are beginning to realize the importance of Bitcoin.