BTC_P2P on Nostr: Scenario: western government fiat ponzi’s implode in dramatic fashion, dollar loses ...

Scenario: western government fiat ponzi’s implode in dramatic fashion, dollar loses reserve status, many individuals, institutions and new war lords rush to bitcoin because it’s decentralized, global and available to anyone. Purchasing power moons globally, and sats become de facto global reserve (I do not think this will happen but its the posited hypothetical)

Do you think the new fragmented groups of warlords could hunt bitcoiner’s down en mass and torture control of UTXO’s from them?

Or could the globally distributed key hodlers with massive newfound wealth make capture too difficult and costly?

I think trying to hunt down tens of thousands of wealthy and resourced individuals would cost too much and be too difficult in reality, especially if the new warlords were disjointed by political and economic chaos and fiats lost their power.

quoting
nevent1q…kg9j

If individuals hold 12 million koins and 10% hold keys then that’s 1.2 million potential targets. If only 1/4 of those are worth pursuing then that’s 300,000 targets globally. Population of the U.S. federal prison system is around 150k. The cost hunt down, capture and torture / extort that many people would be substantial and sans fiat likely impossible (imo)