1/ Bitcoin will usher an era of unprecedented peace and prosperity.
-
Show this thread
-
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?
1 reply 0 retweets 0 likes -
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.
2 replies 0 retweets 3 likes -
Replying to @MustStopMurad
Wont backing their money with their military always be a reasonably successful way to print? At least for the short term?
1 reply 0 retweets 0 likes -
Replying to @DeaterBob
Money doesn’t get its value from the military, but from universal trust from being able to maintain value / not print too much too fast. Turkey has one of the biggest militaries in the world but their currency is fucked
1 reply 0 retweets 2 likes -
Replying to @MustStopMurad
They trust that the military will force its acceptance.
1 reply 0 retweets 0 likes -
Replying to @DeaterBob
many countries with strong militaries have had hyperinflations before, the soldiers couldn't do shit
1 reply 0 retweets 1 like -
Awyee Im glad at least we are both hyperbullish in the long-term! 
-
-
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.