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It's funny that you mentioned war because Bitcoin proponents pointed fiat enables reckless wars. "Since the start of organized warfare, the crucial sinew of wa
by langitbiru 4y ago
It's funny that you mentioned war because Bitcoin proponents pointed fiat enables reckless wars.
"Since the start of organized warfare, the crucial sinew of war had been “endless streams of money.”
https://publications.armywarcollege.edu/pubs/2339.pdf https://publications.armywarcollege.edu/pubs/2339.pdf
- shadowgovt 4y agoBut if it enables war for fiat countries and constrains it for BTC countries, doesn't they imply a significant likelihood that the fiat countries will conquer the others?
- Aunche 4y agoFiat enables. Period. Plenty of kingdoms and empires were able to finance their pointless wars with gold.
- dmitriid 4y agoTwo generations from now when new generations fight for scraps of deflationary money, those who amassed wealth early in the crypto cycle will definitely finance wars.
- Cederfjard 4y agoAren’t you basically repeating the same thing as the person you’re replying to? If the nation with a Bitcoin economy is threatened by the nation with a fiat economy and in the process of armament, what should they do?