Why would #Bitcoin make war unaffordable, when governments could simply find other ways to finance it?
In the current fiat system, a nation can easily print vast sums of money to buy as much weaponry as necessary.
Therefore, a #BTC Standard will make war unaffordable, and here's why:
Proof of work requires everybody, including governments, to invest energy to obtain money.
⇒ With a limited money supply, governments can't just create more for war. They must utilize resources they genuinely possess.
⇒ Plus, the accountability with a public transparent ledger is much higher. Consequently, it's quite hard covering up financing from other sources.
⇒ The decentralized nature of #Bitcoin will distribute economic power more evenly among individuals, businesses and also governments. Thus reducing the likelihood of conflicts arising from power imbalances.
So yes, #Bitcoin will be fostering a more peaceful world!
Robin Seyr
npub1d9ul...yh73
austrian Bitcoiner in Munich
Why would #Bitcoin make war unaffordable, when governments could simply find other ways to finance it?
In the current fiat system, a nation can easily print vast sums of money to buy as much weaponry as necessary.
Therefore, a #BTC Standard will make war unaffordable, and here's why:
Proof of work requires everybody, including governments, to invest energy to obtain money.
⇒ With a limited money supply, governments can't just create more for war. They must utilize resources they genuinely possess.
⇒ Plus, the accountability with a public transparent ledger is much higher. Consequently, it's quite hard covering up financing from other sources.
⇒ The decentralized nature of #Bitcoin will distribute economic power more evenly among individuals, businesses and also governments. Thus reducing the likelihood of conflicts arising from power imbalances.
So yes, #Bitcoin will be fostering a more peaceful world!
Why would #Bitcoin make war unaffordable, when governments could simply find other ways to finance it?
In the current fiat system, a nation can easily print vast sums of money to buy as much weaponry as necessary.
Therefore, a #BTC Standard will make war unaffordable, and here's why:
Proof of work requires everybody, including governments, to invest energy to obtain money.
⇒ With a limited money supply, governments can't just create more for war. They must utilize resources they genuinely possess.
⇒ Plus, the accountability with a public transparent ledger is much higher. Consequently, it's quite hard covering up financing from other sources.
⇒ The decentralized nature of #Bitcoin will distribute economic power more evenly among individuals, businesses and also governments. Thus reducing the likelihood of conflicts arising from power imbalances.
So yes, #Bitcoin will be fostering a more peaceful world!
Why should #Bitcoin lead to a fairer financial system when the top 100 holders alone possess 13.78%?
In the current fiat system, the top 1% holds approximately 45% of global wealth, which isn't ideal either.
However, a #BTC Standard will change the financial world, and here's why:
Proof of Work over Proof of Stake/Ownership
⇒ In the fiat world, once you achieve a certain financial status, it's challenging to lose it, as having substantial wealth can generate even more money.
⇒ In a #Bitcoin ecosystem, the dynamics are radically different. Everyone must put in genuine effort to accumulate more capital.
⇒ Consequently, wealthy individuals will eventually spend their money, redistributing it to hardworking people.
So yes, #BTC 's wealth concentration may be high now, but that's because we're in the early stages! This disparity will naturally improve over time.
Honestly, all Bitcoiner I met so far are genuinely good people, that want to work hard, contribute to society and build a loving family.
We are one amazing Community!
The more you get to know Bitcoin, the more you buy it. 6 years after my first contact with btc it seems so obvious.
Only Bitcoin is real money🙌
I think Nostr is one of the only places where this is common knowledge!
Goood Morning Bitcoiner 🙌
Daily Reminder:
Inflation is getting bad even in „rich“ countries. Stack sats for protection 💪🏻
It’s actually really nice that you can turn natural sun light into real money.
The only real money there is: Bitcoin 🙌
I actually get more followers on Twitter since I am on Nostr - The same foe anyone else?
Gooood morning Bitcoiner!
Daily reminder:
BTC is getting stronger with every single day! Network power right now at 362 EH/s
With Nostr there is something big coming. We few Bitcoiner can see it - 99,9% of people have no fucking clue!
Lfg 💪🏻🙌
It’s faszinating how I could relate every topic to Bitcoin. Really difficult to talk with normies, and not think about btc.
That Brand value 🔥🔥
Binance is moving around 2 Billion USD without User permission?
Better hold your own keys.
Not your 🔑 Not your 🧀
Everyday payments are going to be so normal in the future with Bitcoin.
Zapping here is actually a really good Proof of Concept for that ⚡️💪🏻
Goood morning Bitcoiners 🙌
Daily Reminder:
Meet Bitcoiner in real life. The Exchange is amazing 💪🏻
It’s actually kind of amazing, that we now have a Social Media app build on Bitcoin. Uncensored, truly P2P and the UI/UX getting pretty good.
Definitely a fun experience till now ⚡️💪🏻
It seems that we needed to introduce Zapping to get Bitcoiners to spend their BTC.
Keep HODLing, but it’s okay to zap some friends too ⚡️👀🙌
Don’t get distracted along the way!
HODL - Bitcoin Only - Zaaaappp 😁⚡️
1998 around 300 mio. People used the internet.
Bitcoin has approximately 100 mio. People.
We are soooo fucking early!
zapping for nice content will be so normal 👍🏻⚡️🙌