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So if the world switched to 100% bitcoin, the militaries of the world would cease to exist?
by anyfoo 6y ago
So if the world switched to 100% bitcoin, the militaries of the world would cease to exist?
- swader999 6y agoWars would be harder to finance so it would be a good start.
- arcticbull 6y agoWars would not be any easier to finance in a Bitcoin economy. America had no trouble going to war under the gold standard - and frankly organized and structured debt just makes it easier still. Remember the vast majority of US debt is held domestically by Americans. All that is to say [citation needed].