Why would #Bitcoin make war unaffordable, when governments could simply find other ways to finance it?
In the current fiat system, a nation can easily print vast sums of money to buy as much weaponry as necessary.
Therefore, a #BTC Standard will make war unaffordable, and here's why:
Proof of work requires everybody, including governments, to invest energy to obtain money.
⇒ With a limited money supply, governments can't just create more for war. They must utilize resources they genuinely possess.
⇒ Plus, the accountability with a public transparent ledger is much higher. Consequently, it's quite hard covering up financing from other sources.
⇒ The decentralized nature of #Bitcoin will distribute economic power more evenly among individuals, businesses and also governments. Thus reducing the likelihood of conflicts arising from power imbalances.
So yes, #Bitcoin will be fostering a more peaceful world!
robinseyr / Robin Seyr
npub1d9…pyh73
2023-04-25 17:44:43
Author Public Key
npub1d9ul75ee7ja8j2n93p0whs67dc8g625fhljk2k60329lnrnmkjvsfpyh73Published at
2023-04-25 17:44:43Event JSON
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