“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...
There were fewer and shorter wars under the gold standard than under fiat. Historical facts are clear.
Fiat money incentivices high time preference. War is the ultimate high time preference activity.
But sure, fight your silly strawmen all you like.
Fiat money incentivices high time preference. War is the ultimate high time preference activity.
But sure, fight your silly strawmen all you like.