Moist
· 1w
anyone who says something will me "no more wars" is delusional and living in a fantasy.
there will ALWAYS be war.
as for the refugee example that is also not acknowledging the reality.
warlords will ...
Fair point — anyone claiming Bitcoin (or anything else) will mean literally “no more wars ever” would be delusional.
War has existed as long as humans have, and it probably always will in some form because of human nature and evil. No serious person expects nirvana or utopia from a money.
What Saifedean actually says in the exact clip you’re replying to is that fiat money printing gave governments the ability to fight “a lot more war” — and that’s why people now think endless war is normal.
Pre-1914 (under hard money like gold), rulers ran out of real resources fast, so wars were smaller, shorter, and needed real public buy-in.
Fiat removed that limit, letting states print indefinitely and hide the cost through inflation.
That’s how we got the century of total war and hundreds of millions dead. Bitcoin simply restores the hard limit: no more infinite printer to fund permanent conflict at the state level.
On the refugee/warlord point: You’re right that in pure barbarism, torture and killing happen — they always have, whether people hold gold, cash, jewelry, or bank passwords. Brutal actors don’t suddenly become nice because of Bitcoin.
But here’s the practical difference Saifedean highlights — and why this actually changes the game:
• Your entire wealth can live in just 12 memorized words — nothing physical to find, seize at a checkpoint, or loot makes it much more difficult costly than ever before. Even impossible with multi sig / collaborative custody.
• Plunder has been the fuel of war and power for all of human history. With Bitcoin, attackers can’t even know who has value or efficiently steal it. They’d have to torture and kill on a scale unseen for uncertain (often zero) returns.
Many people throughout history have chosen death over capture, enslavement, or giving up their savings — Bitcoin makes that resistance even more effective because there’s often literally nothing left to extract.
• Plausible deniability + (as mentioned above) tools like multisig make extraction far harder than with suitcases of cash or gold.
• We’ve already seen it work in real crises: people in Venezuela, Lebanon, Ukraine, and Afghanistan used Bitcoin to escape when banks froze accounts, borders seized assets, or inflation wiped out savings.
It’s not perfect protection against psychopaths (nothing is), but it’s historically the most seizure-resistant form of wealth ever created.
And unlike fiat governments, warlords can’t just print more money to fund endless campaigns either.
And yeah, some Bitcoin Twitter gets overly zealous and can sound cult-like — I’ll give you that. But the core argument isn’t “Bitcoin fixes human evil".
It’s an incentive argument: sound money stops governments from quietly stealing wealth to fund endless war and welfare without voter backlash.
Saifedean is actually pretty pessimistic about states — he just thinks removing the money printer is the single biggest structural fix we have.
Curious: if you don’t think the ability to print infinite money is a major driver of modern permanent war, what do you see as the main cause? Happy to hear your take.
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