Its technology, while dissolving the bordered properties of nations also has the same effect with all levels of authoritative control and would thus be self defeating.
The smallest transistor ASIC fabs will always be controlled by the elite behind the curtain. Thus they control the mining of Bitcoin, because electrical efficiency is paramount. Thus at the right time in the future, they can turn off your number (forbid you to transact and thus you die in digital world where cash no longer exists). That is absolute power and control exactly as described in Revelation.
See also the Gist I linked for you. That contains a lot of my research on consensus algorithms.
When we know more than most of everyone else on a particular subject matter, we look stupid in their eyes because they don’t know what we know so they presume we’re bullshitting or not correct. IOW those without sufficient knowledge of subject matter are incapable of judging whether someone else is expert or not.
It’s plausible that I’ve overlooked some factor, but I studied those issues much more deeply than most everyone else in our industry. I had to. I designed a new consensus algorithm which isn’t PoW, nor PoS, nor Iota’s DAG (which btw is a total farce that only converges because of centralized Coordinator). I mean if you don’t think so, then go for example and see my debate with Avi Zohar on Medium which received numerous upvotes. I had a thread on Bitcointalk about Decentralization and for example Come-from-Beyond (the core dev of Iota) participated.
I've heard conspiracy theories such as Katherine Austin Fitt's that bitcoin was allowed to be developed by the deep state so that it could have cheap access to the technology waiting later to take this over. The fact that the forks in bitcoin are so resistant to this level of control, and that consensus dominates, seems to make this impossible.
My opinion is that she is correct. The forks of Bitcoin will all eventually die. I had explained the math of fungible finance in some thread at Bitcointalk. I could dig that up at some future time if there will be a serious discussion that will be sufficiently publicized to make it worth my time to revisit that distraction again. The tail doesn’t wag the dog.
RE: In T̶h̶e̶f̶t̶ ̶a̶n̶d̶ ̶M̶a̶s̶s̶a̶c̶r̶e̶s̶ᵀʳᵃⁿˢᵖᵃʳᵉⁿᶜʸ We Trust