According to Daily Hodl, cryptocurrency researcher Phil Bonnello said recently that the emergence of non-sovereign digital currencies has reduced the power of inflation and taxation. Bitcoin and other decentralized cryptocurrencies can be stored, owned, and controlled entirely by individuals. And as individuals have more control over their property, they will increasingly need to protect their property. This is a behavioral change. In the past, people used to outsource protection services to third parties, and the growth of personal power will lead to a shift in the behavior of Bitcoin users.