10 sats \ 12 replies \ @Bullen 8 Oct 2023 \ parent \ on: Praying for peace in the middle east. 😥🙏 🕊 meta
One short answer could be that wars are really fucking expensive. And if a government who wants to go to war has the ability to print money via FIAT, they will never run out of funds, thus long wars are able to exist.
If you have a finite bitcoin reserve though, it'll be a short war. And who wants to deplete their whole stash for a short war?
Wars are certainly expensive. An open question is what happens to a country that's on a hard money standard in a contest with a country that's not.
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Good questions here. Saying "bitcoin fixes this" without any context or insight is moot.
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Bitcoin fixes this because the funding of these conflicts would not be possible without fiat money from the government. https://www.ft.com/content/1a9f7e7e-7c43-11e7-9108-edda0bcbc928
the first example of this was ww1 and all wars since then have been a result of fake money
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The Roman republic, in a time of health and outside of the periods of monetary debasement that bitcoiners talk endlessly about, was at war for more than a hundred years straight, vs different enemies in and out of the Italian peninsula.
In a later Imperial period, one of the prominent ways that sound money manifested in the world was that the armies conquered the Mediterranean and looted all the sound money they could get, which was most of it. The accounts of the later triumphs make good reading.
Bitcoin might achieve countervailing force against some social ills, but the idea that bitcoin fixes war is so trivially absurd that I'm not sure why I still care about pointing it out. Bitcoin hasn't fixed that, either.
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unlike gold, bitcoin cannot be forcibly seized.
if you dont believe or dont get it, I dont have time to try to convince you. sorry
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A country with the ability to borrow from its populace en masse and without consent will undoubtedly win in attrition against a country on a hard money standard...holding everything else constant.
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That seems to me how it would play out, too. The counter-argument I can imagine is that the only way that a country in the modern world could get on a btc / hard money standard again would be if all the other countries also were. Put differently, maybe "all else equal" is not a reasonable axiom to assume, even for a thought experiment.
But the burden of proof -- or of really convincing argumentation -- needs to be on the people talking about a reality other than the one we're in now.
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Bitcoin might only help prevent long big wars, which will not be affordable. Also rational people will have less reason to got to war.
But things like Hamas going into music festival and murder hudreds of unarmed innocent people, no, Bitcoin does not solve this. As these radicals aren't rational thinking.
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you only see the news when 1 side dies
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Yes, I haven't seen other side doing something like this - https://en.wikipedia.org/wiki/Re%27im_music_festival_massacre.
But they have good teachers - Russians do similar stuff in almost all wars.
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lmfao go sign up for the military
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I can't have opinion on wars without being in military? Or what? Or are you just stupid?
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