BTCMeansFreedom4All on Nostr: How does Bitcoin stop wars? By eliminating the different types of theft governments ...
How does Bitcoin stop wars?
By eliminating the different types of theft governments use to fund them.
Under the FIAT system governments just print the money needed to go to war, this is theft from their own people through the debasement of savings and wages. They can't do that with Bitcoin.
Under the Gold Standard governments would raize cities, killing everyone, and take the victim's gold from the rubble to continue paying for the war. This is theft from foreign citizens. They can't do that with Bitcoin, the citizens know how to access their Bitcoin savings and killing them destroys that information.
Bitcoin doesn't eliminate all theft, but it makes it significantly harder to steal. That friction makes war far more costly for governments to wage.
#FIAT = Violence and theft.
#Bitcoin = Peace and honesty.
By eliminating the different types of theft governments use to fund them.
Under the FIAT system governments just print the money needed to go to war, this is theft from their own people through the debasement of savings and wages. They can't do that with Bitcoin.
Under the Gold Standard governments would raize cities, killing everyone, and take the victim's gold from the rubble to continue paying for the war. This is theft from foreign citizens. They can't do that with Bitcoin, the citizens know how to access their Bitcoin savings and killing them destroys that information.
Bitcoin doesn't eliminate all theft, but it makes it significantly harder to steal. That friction makes war far more costly for governments to wage.
#FIAT = Violence and theft.
#Bitcoin = Peace and honesty.