IF individuals and markets adopt Bitcoin as a primary store of value and medium of exchange, it undermines the state’s ability to rely on inflation and debt to finance itself. Without the ability to “print money,” governments would face hard budget constraints, forcing them to operate more like households or businesses—relying on taxes or voluntary contributions rather than endless monetary expansion.

Let's talk about war...

Fiat money is a tool of war because it lets states externalize costs onto citizens through inflation and debt, hiding the true price of conflict. Bitcoin flips this: its transparency and scarcity make war’s economic toll immediate and unavoidable, forcing accountability. If a government can’t fund tanks by printing cash, it must justify them to a public that can opt out via Bitcoin. This dynamic could tip the scales toward diplomacy and restraint, as war becomes less affordable and less palatable. Peace, then, isn’t just an ideal—it’s a practical outcome of a system where money can’t be weaponized by the state.