'The Real Bitcoin Revolution': Bitcoin's strategic implications for global cooperation

Critics of Bitcoin often portray it as a utopian fantasy disconnected from material reality -- a digital escapist’s dream.

Authors: Relationship between Bitcoin and physical reality mirrors our existing financial system.

Bitcoin 's security model can be understood through comparison with Fort Knox , they say.

Bitcoin miners secure the network through deterrence through mathematical certainty and thermodynamic constraints, authors say.

Bitcoin 's security by mathematical proof of work represents a profound transformation in how societies compete for resources, enabling sovereign power projection without physical conflict.

The nation that best harnesses this new form of power projection could gain significant strategic advantages in the digital age.

The network's energy consumption is the necessary cost of securing both a unique form of peaceful competition and a superior form of money.