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The core innovation of Bitcoin is distributed consensus building. However, most of the potential use cases that would benefit from a ledger of this sort (i.e. contracts) are not particularly easy to build on top of Bitcoin. This is what has prompted the development of so-called DAC layer apps, both metacoins and Ethereum.
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China is a powerful nation, but their influence isn’t up to par for a superpower. They lack the same soft-power, military logistics, cultural/societal influence, and higher education frames that the US has.
The USA on the other hand attracts incredibly high quality international students, has a massive network of alliances, still hosts the premier economy of the world, has an unmatched dominance in the scene of global culture, and a military logistics network that allows the US to literally invade almost any nation across the globe.
China isn’t a superpower, and even if it is one in seven years, it’s certainly not going to be the only one.
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Ethereum is the way to go. Good luck, my friend.
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Cryptos are high beta investments (likely the highest ever), so a war would undoubtedly crash the price.
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Ah big enough now for politicians to take notice of the younger generational vote. Hope this starts to occur in other countries too.
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Real estate has upkeep costs and taxes even if you don't sell. Not to mention the portability you mentioned.
HODL forever and you never pay a dime in taxes. Except for maybe airdrops.
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I think China has always been a major super power. If it has persisted for so many millennia, it won't change now. Better to work with them, I think.
I think Europe should be more self-sufficient and more powerful anyway, but some things like cheap labour are inescapable. Better to focus on our knowledge economies in Europe.
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