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@ Marc
2025-06-14 20:54:46
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.