X @Nick Szabo

RT Nick Szabo (@NickSzabo4)(1) It's entirely possible to make private layer 2s for it (indeed there already are, but they face tough opposition from regulators, including ironically central banks)(2) As an inherently superior reserve asset to both gold and government bonds (in so many ways), if central banks don't use it, they will gradually (perhaps in some cases faster than gradually) lose their financial power, they won't be central anymore, and their functions will be replaced by other entities that do ...