Geography is a vulnerability. I grew up in Georgia. Look at the map. For thousands of years armies moved through this land. Assyrians, Greeks, Romans, Arabs, Mongols, Ottomans, Persians, Russians. It kept happening because the land could be reached. If something can be reached, it can be taken. That has always been true for wealth. A house has an address. Gold sits somewhere. Bank money lives inside a jurisdiction. These can be seized without you. Bitcoin cannot. You can arrest the owner. You can threaten him. But you cannot seize Bitcoin without his consent. For the first time, wealth does not have coordinates. #Bitcoin