Great post...I gave you a follow for it.

I think you can make the case that any country, including the US, that doesnt embrace technology in general is going to head towards reduced status. Tech is driving the world and few seem to realize it. Business as usual is done. Those who are agile and worldwide are the ones succeeding. The nation-state idea is a passe concept anyway.

To your particular point, yes it will. The US has so many powerful institutions that protect their interests that it ends up going in the wrong direction. Trump is in the process of doing what he can to protect the fossil fuel and cable industries...two animals on the path towards death. Yet, they have the money to buy influence and that is what they do. Crypto is a threat to the banking system which is the most powerful organization in the world. The central banks arent just going to cede control. The advantage third world countries have is no central banks trying to impoverish the nation (well other than the ones outside the countries which do that throw their loan programs).

The only protect is for people to enrich themselves through the investment in crypto and getting involved with a place like this which will pay one to create content and a community.