[root_axis]

> What are the costs of maintaining a system of banks capable of acting as a trusted custodian in such a transaction, covering every jurisdiction the globe over

Transaction for transaction the banking system is orders of magnitude cheaper.

> Have you amortized the cost of aircraft carriers, diplomats, social and class mobility, the set of externalities that ultimately end up reconciled through war and collapse

This is totally absurd. Bitcoin has no impact on the existence of aircraft carriers, diplomats, and social/class mobility. The class mobility line is particularly laughable as it pertains to a technology that would enshrine early adopters as defacto oligarchs.

[ftlio]

> This is totally absurd. Bitcoin has no impact on the existence of aircraft carriers, diplomats, and social/class mobility.

https://en.wikipedia.org/wiki/Triffin_dilemma

[root_axis]

Ok? A wikipedia link is not a rebuttal. Not that you're obligated to make one, I'm just pointing out you haven't made an argument.