War is financed through deficit spending, which is in turn subsidized by expanding the money supply (i.e., printing money from thin air).
Money with zero cost of production is easily manipulated, benefiting a select few at the expense of the many.
By using monetary inflation to fund wars, governments force taxpayers to finance their political agendas by eroding the purchasing power of the local currency.
To make war unaffordable and less likely, we need a form of money with a high cost of production, a fixed supply, and no human involvement in its oversight.
#Bitcoin is that money.
Its supply is fixed and capped at 21 million.
Its production requires significant energy and capital investments.
It is decentralized.
The Coin Files
npub1w6…w4fzu
2024-02-07 20:00:35
Author Public Key
npub1w6cjjl03lzgn3gj42uyh9myaqsukqcp7h2z6p35sml5sx8temy6qxw4fzuPublished at
2024-02-07 20:00:35Event JSON
{
"id": "76113934452275fcb372cb01eb4a1d1f9c90e57d53624aef0421206c5d4b62b4",
"pubkey": "76b1297df1f89138a255570972ec9d043960603eba85a0c690dfe9031d79d934",
"created_at": 1707336035,
"kind": 1,
"tags": [
[
"t",
"Bitcoin"
],
[
"t",
"bitcoin"
]
],
"content": "War is financed through deficit spending, which is in turn subsidized by expanding the money supply (i.e., printing money from thin air).\n\nMoney with zero cost of production is easily manipulated, benefiting a select few at the expense of the many. \n\nBy using monetary inflation to fund wars, governments force taxpayers to finance their political agendas by eroding the purchasing power of the local currency.\n\nTo make war unaffordable and less likely, we need a form of money with a high cost of production, a fixed supply, and no human involvement in its oversight. \n\n#Bitcoin is that money.\n\nIts supply is fixed and capped at 21 million. \nIts production requires significant energy and capital investments.\nIt is decentralized.",
"sig": "ad07c438f2071cdf3bb3bf8a8fcf4a9576db9d9d069aa65f76855b5de14e708aca3bfec7e4f5668dcfe081b3a348e4a20e7771265929a803d938c3f7ae3d016e"
}