https://www.principles.com/the-changing-world-order/#introduction
The global balance of power is shifting from the United States and Europe to Asia, especially to China and India in the next 10 to 30 years. In the interim, we are becoming a multipolar world. And in that world, nations will be increasingly “encouraged” to choose sides; but nations and people will want to keep their options open by choosing neutrality. This is good for decentralized systems like Bitcoin, because it is neutral, global, and secure.
Bitcoin is neutral
Bitcoin is borderless and pseudonymous, anybody or anything anywhere with an internet connection can own bitcoin, exchange it or mine it...and no one controls all of it!
Bitcoin is global.
Individuals, companies, corporations, banks, insurance companies, sovereign wealth funds, governments are increasingly finding Bitcoin to be a global store value. Bitcoin’s accessibility, exchangeability, transparency and durability (the decentralized nature of it that gives it high fault tolerance) makes it an attractive global asset.
Bitcoin is secure.
Not only can the owners have full control of their bitcoin through Public-key cryptography, and the pseudonymous characteristics protect from identity theft, but each block is protected by timestamp, hashed, proof of work, and broadcast mechanisms to ensure it cost much more money and energy to double spend the transactions than it is to verify them.
In conclusion.
As the world partitions in its geopolitical game of the rise and fall of Empires, it's comforting to know that Bitcoin can be a neutral option for nations, for people, and for businesses, to turn to in a rapidly changing world.
Stay frosty people.
30% allocated to ph-fund.
Dear @fijimermaid
Thanks for recommending this publication to me. I found discussed topic very intriquing and making me wonder.
I do agree about China, however I'm not so sure if there will be much power being shifted to India. I see this country as a Giant on very soft legs.
China will most likely crush their economy as a nearest competitor. India doesn't have strong centralized power, do not have technology and doesn't have enough educated labour force to compete with China. Not without building some alliances with europe / USA.
That's at least my impression so far.
Yours, Piotr
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I think that is a fair assessment on India, right now. Though, I think China is going to unite India in a lot of ways, meaning the relationship between the national government, the States and union territories and Indians. Powerful neighbors often do that.
The United States and Europe we'll look at India as a great investment opportunity, which will bring in more foreign direct investment. India's confrontations on its border with China will more than likely increase and unite Indians more. Americans and Europeans will look at India as an important hedge against China's power, so that will increase the coordination and money exchange for National Security matters, which will make the national government more powerful in relation to the states.
China is changing a lot of things, so I definitely think your comment is spot on. Hell, look at Japan, they are warming up to the idea of having a standing offensive military. And they haven't thought about that seriously since the late 1940's (constitutional limitations).
China's power is making a lot of nations think differently about a lot of things and changing the way they do business not only internally but externally. So India in the next 30 years, may look radically different than today.
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Excellent feedback
Thanks for being always so responsive @fijimermaid
Cheers, Piotr
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Thank Internet the world of Cryptocurrencies became common for everyone. That is why I like it. It is open, accessible, people only need to search themselves and educate themselves. There are so many source of information available and only lazy people can argue saying that they found nothing.
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Here Here...100% in agreement!
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