Damus
Peter Todd · 45w
“But without taxes or a central bank how will we pay for genocide?” Ideologue bitcoiners are so hopelessly dumb about this... Governments collected taxes just fine when everything was run on cash...
ChipButty profile picture
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.
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zaytun · 45w
Its expensive to wage war in a bitcoin economy. Today its free. The incentives to choose peaceful resolutions will be stronger.