“The nation-state thrived because capital was immobile, transactions were legible” – @arjunkhemani (relate with Li Lu’s Civilization 2.0TODO )
inverted, if you don’t want something to be managed, make it unmeasurable (e.g., SWIFT).
Gold and BTC are seizable.
USDC is also in principle censorable, not only because of its visibility (as with BTC) but also because of proof-of-stake (e.g., see Eric Voskuil).revisit
Tradeoff between digital and analog—you get what you measure, and it’s easier to measure a lot of stuff with digital system, for good and bad.
Next:
Related:
- 2-1aa Privacy is the absence of information leakage
- 3-1c2 Write down your problems
- 5-2b1 Writing out your goals is how you become performance-oriented in life
- If something should be managed, make it measurable—a case for optional privacy (e.g., zcash)