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Funniest fact: Fiat money was invented to wage war more easily.
by alchemist1e9 4y ago
Funniest fact: Fiat money was invented to wage war more easily.
- imtringued 4y agoThat reflects poorly on Bitcoin because it has the exact same design as fiat. It doesn't neutralize liquidity preference so a society adopting Bitcoin would be equally prone to go to war.
- alchemist1e9 4y agoNo way you understand the connection to war based on your comment. > The Bank of England was incorporated by act of Parliament in 1694 with the immediate purpose of raising funds to allow the English government to wage war against France in the Low Countries https://www.britannica.com/topic/Bank-of-England https://www.britannica.com/topic/Bank-of-England Bitcoin is fundamentally different origin of money and absolutely not would a society adopting it be equally prone to war. Total nonsense sorry.