🇨🇳📈 Many people were excited that a segment about "cryptocurrencies" recently aired on national television in the People's Republic of #China !
Some authors such as Alex Gladstein believe that the advance of #Bitcoin is impossible to stop, even in totalitarian countries:
- States cannot resist and sooner or later they will have to let it in because it offers unique economic incentives
- Since no one can censor or alter Bitcoin as a monetary system, it offers an alternative to state FIAT currencies
- Over time, Bitcoin will offer more and more economic freedoms to individuals, weakening authoritarian structures like the Chinese Communist Party
Or in other words: Bitcoin is a Trojan Horse that will destroy totalitarianism from within