> I don’t invest in bitcoin because I think it will bring about a happy utopian world. Quite the opposite. I invest in bitcoin because the rise of distributed currency is inevitable, and owning some bitcoins seems to be the best way to prepare for the chaos ahead.
When the ice caps are melting, walk uphill.
I also like the 'TorSlaver' scenario he paints, it's a good bit of scaremongering[1]. It is probably not unwarranted however, as the more people who respect the terrifying power bitcoin holds, the better.
> At some point, we collectively with our governments face a difficult choice between trying to survive this deadly storm or attempting to destroy all decentralized computer networks (including the internet). The former seems unthinkable, the latter, impossible.
I would say it's not impossible to shut down the existing internet, but you'd have to replace it with something else[2] in order to avoid complete socioeconomic collapse.