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Anyone believing governments won't be able to wage war because bitcoin is the world reserve asset are ridiculously naive. I remember years ago when bitcoiners were telling themselves that bitcoin was going to kill the banks and not a single bank has died as a result yet & in fact banks are scrambling to sell it & custody bitcoin for their clients. The way to reduce wars is to reduce governments.

zaytun 7mo ago

Its expensive to wage war in a bitcoin economy. Today its free. The incentives to choose peaceful resolutions will be stronger.

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Discussion

ChipButty 7mo ago

Yeah, yeah, I've heard this for years. As I said above bitcoiners also believed banks would die because everyone would use bitcoin instead. Some bitcoiners live in a fantasy world.

ChipButty 7mo ago

I was just looking through my podcast feeds this morning and an episode titled How Bitcoin Eradicates Child Sex Trafficking is in there. Now don't gete wrong, I would love that to be the case but it's just not going to happen.

zaytun 7mo ago

Why are you expecting it to happen within 15 years? If its the foundation to make it happen in a 150 years its still a great idea, and the best idea we have to achieve those things. Lower your time preference and stop being so selfish. You can do things that will only benefit your grandchildren.