Part 14/16:
Glenn agrees, emphasizing that the perception of threats—for example, Bitcoin’s potential to undermine the dollar or erode state power—emboldens authorities to consider more extreme responses as the technology becomes more entrenched.
The Potential for an Epochal Shift
The conversation concludes with a mutual recognition that the battle between centralized power and decentralization is at a critical juncture. Bellagio underscores the importance of early detection and strategic positioning, warning that perceptible shifts in awareness and technological adoption could trigger more aggressive responses from incumbent powers.