According to Odaily, Paradigm's co-founder Matt Huang has expressed that the game theory equilibrium regarding Bitcoin adoption by sovereign nations has been disrupted. Huang suggests that sovereign states can no longer afford to ignore Bitcoin. From a game theory perspective, Bitcoin is likened to gunpowder rather than an iPhone. While people may choose not to adopt an iPhone, once gunpowder was discovered, every sovereign nation was compelled to adopt it. This analogy extends to other critical technologies such as artificial intelligence and drones.
Huang notes that the United States has already opened the window for Bitcoin adoption, indicating that other sovereign nations will not delay in following suit. Those countries that establish Bitcoin reserves early are likely to benefit from more favorable entry prices. The race to build Bitcoin reserves has already commenced, marking the beginning of a new kind of 'arms race' among nations. This development underscores the growing importance of Bitcoin in the global economic landscape and highlights the strategic considerations that nations must now take into account regarding digital currencies.
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