1/ Bitcoin will usher an era of unprecedented peace and prosperity.
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Replying to @MustStopMurad
If a country is using hard money and is restricted a far as raising funds for emergency military spending they will be at a disadvantage against a country that is currently getting away with printing money to fund their military, right?
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Replying to @DeaterBob
Unless there is a new invention that strips *all* nations of their currency monopoly at approximately the same time and approximately to the same extent. At that point taxation is the only way to raise funds, which is politically more difficult than stealth tax via printing.
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Replying to @MustStopMurad @DeaterBob
At that point, if you raises taxes too much, you disincentivize your best and brightest of being / living / working / inventing / producing there. Governments are forced to then become more fiercely competitive to retain best individuals, otherwise they leave.
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Bitcoin is both unprintable and increasingly untaxable. 200 nations could become ~5000 privately owned competitive microstates.
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