Even though I agree that fiat money can bring future money into the present through debit to finance wars, correlation is not causation.
We are in fact in one of the most peaceful moments in human history, the issue is that modern wars are basically industrial, logistical and energy intensive (and way more deadly because of that). States who succeeded more in this game are the ones who can sustain more money printing for longer time (true since WWI till Vietnam War (which forced US to stop the gold standard in 1971) and today's war like Ukraine).
A Bitcoin Standard would force societies to be efficient and optimize resource allocation, and since modern wars are by essence a sinkhole of resources and energy, it wouldn't be feasible.
Wilhelm von Freiheitsberg
npub15l…u40n5
2024-10-03 10:57:32
in reply to nevent1q…ujpm
Author Public Key
npub15l8sfm30uwns8qrcajs99narc4ex65ujt5sky4zx3dpjhnnk2szsqu40n5Published at
2024-10-03 10:57:32Event JSON
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"content": "Even though I agree that fiat money can bring future money into the present through debit to finance wars, correlation is not causation.\n\nWe are in fact in one of the most peaceful moments in human history, the issue is that modern wars are basically industrial, logistical and energy intensive (and way more deadly because of that). States who succeeded more in this game are the ones who can sustain more money printing for longer time (true since WWI till Vietnam War (which forced US to stop the gold standard in 1971) and today's war like Ukraine).\n\nA Bitcoin Standard would force societies to be efficient and optimize resource allocation, and since modern wars are by essence a sinkhole of resources and energy, it wouldn't be feasible.",
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