Conner Brown, Stanford Law Student: Why Politicians Should Love Bitcoin

— Smart contracts are fundamentally limited to binary logical operations and cannot encapsulate the subjective, gray nuances of real-world legal agreements or disputes that require human judgment.

— Bitcoin is disinflationary (decreasing issuance per block) but not deflationary in strict monetary terms, as the total supply approaches a constant 21 million rather than declining.

— Intrinsic value is a misunderstood concept; money's value derives from monetary properties (scarcity, durability, verifiability) rather than use cases, and non-monetary uses of an asset (like gold in industry) create pricing distortions.

— Every major political candidate—left, right, and establishment—should support Bitcoin because it aligns with their core narratives: nationalism and economic growth (Trump), wealth equality and sound money (Bernie/Warren), and maintaining U.S. dominance (establishment).

— Open-source, decentralized systems (Bitcoin, peer-to-peer internet culture) are outcompeting cathedral-like institutions because they operate on merit-based arguments and authenticity rather than credentials and centralized control.

— The shift away from institutional trust toward verification and bottom-up systems will cause disruption and pain across legacy finance, pensions, and government, but is inevitable given the unsustainability of current structures.

— Question consensus narratives in Bitcoin and crypto even among bullish communities; many widely accepted ideas (like Bitcoin being deflationary or having intrinsic value) rest on imprecise terminology and may not withstand rigorous scrutiny.

— Recognise that financial contracts requiring trust, identity, and enforcement—such as lending and credit—cannot be meaningfully replaced by over-collateralized smart contracts; pseudonymity breaks credit assessment and makes traditional commerce impossible.

— Prepare for structural economic pain ahead as legacy institutions (pensions, governments, fiat systems) reach insolvency; Bitcoin's fixed 21 million supply offers a hedge independent of any government or institution, making long-term accumulation a rational bet against monetary debasement.