Part 3/16:
Christian emphasizes that The Sovereign Individual predicted how anonymous digital cash, such as Bitcoin, would serve as a catalyst in dismantling traditional state control over currency. In 1997, the authors described digital cash as inflation-resistant, confiscation-resistant, and capable of transforming the monetary landscape—ultimately threatening the revenue model of nation-states that derive income primarily through taxation and inflation.
Breedlove adds that this technology's inherent properties make it difficult for governments to maintain control, signaling a shift toward a fully digital economy where jurisdictional arbitrage becomes possible and prevalent.