It doesn't end wars but it makes them too expensive to last for decades, military can actually run out of money (unlike now)

Bitcoin will not end wars but I makes them less affordable.

The argument isn't that Bitcoin ends conflict.

Its that adherence to a hard money standard ends the state's ability to fund unlimited war.

I actually think we will see a greater number of small wars since political jurisdictions will become smaller and more power will reside locally. Currently wars are funded through inflation because the population would reject them if they required direct taxation. This was the innovation of the Bank of England that allowed Britain to fight WWI. When inflation is no longer an option and we can walk away from oppressive tax regimes for greener pastures, government will have to focus on providing services citizens are willing to pay for. People will pay for defense, but they are unlikely to pay for a war in another hemisphere between people they will never meet.

war is primarily funded by inflation. bitcoin doesn't have inflation (it's lower than gold). the roman empire funded their wars in the late days by diluting the gold, copper and silver coins with tin. the oldest recorded example of this kind of government war funding was in Egypt with Joseph, who essentially established the first central banking regime, and this led to 7 years of famine, and plagues.

the primary way that wars are funded is by debasing the money, because people don't notice it straight away.

Back in my day you earned a loaf of bread and two legs of beer for your efforts

Because most people (Bitcoiners included) are poor students of history:

. nostr:nprofile1qqstcqhq5mq0qxkeedt69v8ca7pyr0zll9uuu3zje60zg00y2a6kwfgpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsz9mhwden5te0wfjkccte9ec8y6tdv9kzumn9wshszymhwden5te0wp6hyurvv4cxzeewv4ej7jdjfkd is a good host for insightful chats and I recommend a follow

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You don't understand Bitcoin or money that's why you don't understand when Bitcoiners say Bitcoin will make war unaffordable

Because people are retarded, Bitcoiners are social pariahs for the most part (not necessarily a bad thing), and they certainly don’t understand human dynamics participates well.

Most of them are libertarian which is just shy less retarded than communism.

I'm glad someone said it, been thi king the same thing for awhile..

Im also glad for the discussion it's generated..

Some good ideas and philosophical points debated in good faith.

Its why i like being on nostr 👍🏻

bitcoin doesn’t end conflict but it can put an end to a need for central banking and devastating and pointless world wars

In reality Bitcoin won’t end wars. That’s obvs. The people that literally mean that are wrong.

What bitcoin will do is take away the printing press that funds the current war machine.

It will take real money/real savings to fund a war on a bitcoin standard. If you then run out, it will take real effort/risk to plunder or steal somebody else’s wealth.

The current system there is no constraint except inflation and that is exported to the rest of the world so the US doesn’t feel the pain of their decisions.

All wars are bankers wars. And wars can’t last long without a money printer. Wars also can’t happen if the government shrinks until it disappears. Bitcoin fixes banks and money printing.

War is the obvious way in the physical realm we all share to get people to settle< into agreement.

Because it tends to be destructive, we spent many millenia manifesting beings who know everything, all the time, and are all powerful, so they can be our arbiters & avoid the need for us to fight.

Did gods end wars for humanity? No. Maybe made them worse.

The OG problem War & Faith try to solve (or rather, sidestep) is: How do you get equal peers to agree on a thing by themselves? Bitcoin answers that question within its constraints. The proof of concept network just works.

Will bitcoin end wars for humanity? No. Might make then worse. 😉

It won't end war. I mentioned this in a post months ago. Bitcoin is just BETTER MONEY! That's it! It will not change human nature or humanity's inherent addiction to conflicts of all kinds. Large scale geographical wars like what we're seeing now with Israel, Palestine, Russia, and Ukraine may become less frequent in the short-term (a few decades), but other forms of conflict will always find a way to take precedence.

Gold restrictions correlates with wars

The idea is that in a world where everyone’s operating on a bitcoin standard, governments won’t be able to fund their war machinery with debt. The most destructive wars man has ever seen where both fueled by gov debt (ww1, ww2). If the state lacks the ability to continue the war by printing more money, wars will at least be shorter. Or so the thought experiment goes.

It's a relatively hyperbolic assertion that Bitcoin will end war, like, "Fix the money, fix the world." But it holds a lot of truth because people are largely motivated by the rewards of the systems they are immersed in relative to their perceptions.

Fiat currency incentives war because it's a blank check for those who control the money printer, that is, it's an incentive for bad ideas because reality punishes bad ideas, but for a brief time people can personally avoid the consequences of their currency printing and war mongering by robbing the value of their currency through currency debasement. When governments can't use their money printer to finance their bad ideas, including war, then they are forced to turn to other forms of resolving conflicts or solving problems besides using force and/or fear.

Historically money/treasure/valuables or currency has been physical in nature, which incentivized violence because if I kill you, I get your stuff. Now, if I kill you and you hold most of your value in Bitcoin (spiritual money) rather than a house or goods or cars, I don't get your value, which is a disincentive to violence.

But also, in the long run since government will be financed by proof of work and influence and not coercion, the Bitcoin system will gradually incentive character and competence in government, both local and national, because it will be easier to defund and fire and geo-arbitrage out of the jurisdiction of those who make poor choices based on bad ideas. Government in this Bitcoin incentivized system, will no longer be a monopoly, and will be compelled to compete for citizens by setting up conditions that are favorable to their constituents.

Furthermore, as more countries and localities and companies and families go on the Bitcoin standard, waging war against another government would become waging war against another party using Bitcoin, which violates self-interest because they are using the same monetary system. It's the opposite of what Ayn Rand said, which is something like nations that don't trade goods will trade bullets. Since nations will trade goods and Bitcoin, they won't trade bullets.

Bitcoin turns enemies into allies.

It's a relatively hyperbolic assertion that Bitcoin will end war, like, "Fix the money, fix the world." But it holds a lot of truth because people are largely motivated by the rewards of the systems they are immersed in relative to their perceptions.

Fiat currency incentives war because it's a blank check for those who control the money printer, that is, it's an incentive for bad ideas because reality punishes bad ideas, but for a brief time people can personally avoid the consequences of their currency printing and war mongering by robbing the value of their currency through currency debasement. When governments can't use their money printer to finance their bad ideas, including war, then they are forced to turn to other forms of resolving conflicts or solving problems besides using force and/or fear.

Historically money/treasure/valuables or currency has been physical in nature, which incentivized violence because if I kill you, I get your stuff. Now, if I kill you and you hold most of your value in Bitcoin (spiritual money) rather than a house or goods or cars, I don't get your value, which is a disincentive to violence.

But also, in the long run since government will be financed by proof of work and influence and not coercion, the Bitcoin system will gradually incentive character and competence in government, both local and national, because it will be easier to defund and fire and geo-arbitrage out of the jurisdiction of those who make poor choices based on bad ideas. Government in this Bitcoin incentivized system, will no longer be a monopoly, and will be compelled to compete for citizens by setting up conditions that are favorable to their constituents.

Furthermore, as more countries and localities and companies and families go on the Bitcoin standard, waging war against another government would become waging war against another party using Bitcoin, which violates self-interest because they are using the same monetary system. It's the opposite of what Ayn Rand said, which is something like nations that don't trade goods will trade bullets. Since nations will trade goods and Bitcoin, they won't trade bullets.

Bitcoin turns enemies into allies.

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I think the best option to understand is by the concept "Bitcoin makes violence more expensive.

The simple axiom is that having your assets on an gov. Ledger makes " violance very cheap"... A touch of a botton.

Self-custody makes it "expensive" to exploit.

Our govs. Fund the wars by printing money (Fiat system). In a Bitcoin they would have to convice people to donate.

That doesn't end wars by itself but brings base support as a need. Nowadays one can campain for peace with war as a goal just to get access to the money printer (and the DoD).

But follow the subject please... You will find good material... Not my inept attempt to explain.

I agree with you. And here’s a question: What if militaries mine Bitcoin? Think of the US Navy, just for one example: Instead of retiring nuclear subs and nuclear aircraft carriers at the end of their lifespans, they make the ships stationary and use the reactors to mine Bitcoin.

The Bitcoin Network changes the logic of violence. There is some nuance with bitcoin derivitives, but say a country invades Poland. That country can confiscate all of Poland's gold by conquering a few people. That country can fund this conquest by printing money and devaluing the fruits of everyone's labor within that country.

Now let's assume they try to confiscate a country's strategic bitcoin reserve. Country X devalues thier countries currency to fund this venture. They print hard, causing thier people to protest, demand higher wages, and more public services. They conquer the entire coubtry of Poland.

As a thought experiment(god forbid this rrally happens) nobody in Poland survives this conquest. The bitcoin keys that belong to Poland are nowhere to be found. The invading country does not get any more bitcoin. Everyone else who does have bitcoin gets richer, while the governments that print money get poorer.

In a debt based system, the incintive is to fight because people are deficits are run by dead beats. In a p2p electronic cash system, it is more profotable to coperate.

I don't think there will be no war once we reach hyperbitcoinization, but it sets the standard for war much higher because people would need to voluntarily pay taxes to fund war. We would need a damn good reason.

War is the natural state of mankind. Peace is an anomaly. We humans fight over issues big and small.

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going against the current here, but I think you're onto something 🫡

At present they just print money to pay for wars. The general public is pretty much not involved and to a large extent doesn’t care. On a bitcoin standard they can’t print bitcoin. They have to increase tax on people to pay for wars. Then the public gets involved. They start to question. It won’t end wars but it’ll be much harder to fund them.

Great comment! Bitcoin will NOT end war it will just make it harder to justify and execute.

Bitcoin probably won't stop (some) govnts borrowing to fund fanciful adventures. But a govt (and indeed anyone) borrowing a scarce asset must surely be in the throes of decline and doing so would only accelerate that decline. Prudence and forward planning would be the primary concerns of govnts under a scarce asset standard. Old ways would be dispensed with and new political frameworks developed. Would be eye opening.

If they can't print or steal money, how are they going to pay for soldiers and weapons?

Bitcoin won’t end wars but it might make it a lot shorter because you can’t just print more money to buy more weapons, etc.

Bitcoin could make big wars harder to fund by stopping governments from printing money to cover costs, forcing them to tax or use reserves transparently. That might deter some conflicts. But war’s been around forever—driven by human nature, scarce resources, and power struggles. Bitcoin doesn’t fix those. It’s a stretch to say it’ll end war; at best, it might scale down state-funded ones.

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#Bitcoin #war #tax #gov #transparency #fiat

I also hope the war will end, and I also hope to buy a new catamaran sailboat for sale.

https://www.yachttrading.com/new-yachts-for-sale/yacht-type-catamaransailboat/

addressed in

Sarah Kreps: Easy Money, Easy Wars

check out the book she's in. Great winter or early spring read. ch2 is 🔥🔥