According to Chamath, the US doesn't have to worry too much about the national debt because, relatively speaking, there is no better option for countries to store their wealth in if they must hold foreign reserves.
Bhutan going public with their bitcoin accumulation strategy is a data point that lends credence to the belief that hyperbitcoinization is likely to start at the edges.
It's all about the energy, stupid.
Pandora's box has been opened and there is no turning back.
It's a beautiful thing to see and it makes it hard to believe that Bitcoin will ever be stopped.
This is a big development for a couple of reasons.
Behind the scenes and under the radar, smaller countries with little to lose are slowly but surely incorporating Bitcoin into their play books. Preparing for a future with a distributed apolitical censorship-resistant sound digital currency.
