Cryptocurrency is the financial engine of the broligarchs’ political project. For centuries, states have been defined by two monopolies: first, on the legitimate use of coercive force (as by the military and the police); and second, on control of the money supply. Today’s broligarchs have long sought to weaken government control of global finance.
https://www.theguardian.com/us-news/article/2024/jul/20/tech... (20 Jul 2024)