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Orange-pill memes: Would there be less wars on a Bitcoin Standard?
71 sats \ 2 comments \ @ek 29 Jun 2023 bitcoin
I created this meme for a invite-only image board run by a friend of mine.
https://i.postimg.cc/htzPqB4R/7r06oi.jpg
I post bitcoin memes there to orange-pill the users. There are just a few, like 5-10 users regularly posting and commenting. Almost all are still very skeptical. I would say my friend who runs the board is the least skeptical but still very skeptical. At least he accepted some sats on Lightning and seems to be open to learn more.
As far as I can tell (and according to this wikipedia article, lol), wars are financed using three options:
  1. Taxes
  2. Borrowing
  3. Inflation
Bitcoin makes 3. impossible and thus also makes 2. to some degree harder since afaict, interest on war bonds is also paid using inflation.
What do you think?
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0 sats \ 1 reply \ @0000 29 Jun 2023
Doubt it. Humans will war over any resource. All anyone needs to do to fund wars is accumulate a bigger bag than their adversary. Bitcoin just makes the funding source obsolete. It does not stop the funding. As Fallout says. War? War never changes.
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0 sats \ 0 replies \ @ek OP 29 Jun 2023
If they have a bigger bag than their adversary, maybe wars would be shorter since the adversary has to surrender earlier since they can't sustain the expenses.
I see bitcoin as putting a upper limit on how much resources you can spend on war. Similar to the point made by Hivemind Ventures regarding AI and bitcoin.
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