“It's actually the protocol (Nakamoto consensus, which is highly distributed) combined with strong cryptography, rather than just decentralization per se, that is the source...
"Historically, what do nations do when they're on a gold standard and they need to fight a war? They just suspend the gold standard....
"My own prediction is that slow bleed has been accelerating and is only the first step. The second step will be speculative attacks that...