Bitcoin’s early growth was driven by capital-base asymmetry, engineered scarcity, and reflexive adoption. As issuance declines over coming decades, the network transitions from a subsidy-supported growth phase to a maturity phase where security must be sustained by fee demand, price stability, or structural evolution. By 2040, Bitcoin’s long-term security budget becomes the central economic test. The article explores three potential equilibria: a fee-dominant sovereign settlement layer, convergence with gold as a reserve anchor, or perpetual issuance models such as tail emission — while acknowledging the political constraints around altering Bitcoin’s monetary design.
Before the invasion, influence and control was iraqi state owned. Afterwards, it was controlled by the US government up to ~2011. Then the western oil companies had influence. So sure they didn’t use it but they can dictate where it goes.
Will be interesting. Also the Paramount Skydance takeover bid is still pending. Paramount is ~15 billion market cap and the deal for Warner is ~77 billion.
It’s about productivity and increasing it to be more competitive against other nations. Look at South Korea. No natural resources so post war plans was to base the future on human capital. It’s why the density and workforce is concentrated in Seoul.
