pull down to refresh
56 sats \ 3 replies \ @Stacksats 8 Oct 2023 \ parent \ on: Praying for peace in the middle east. 😥🙏 🕊 meta
Good questions here. Saying "bitcoin fixes this" without any context or insight is moot.
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
reply
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.
reply
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
reply