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A comment on Crypto, the Left and Technofeudalism. Parent comment

Re:Crypto, the Left and Technofeudalism by langitbiru on Saturday April 23, 2022 @10:57AM (#31134778)
It's funny that you mentioned war because Bitcoin proponents pointed fiat enables reckless wars.

"Since the start of organized warfare, the crucial sinew of war had been “endless streams of money.”

https://publications.armywarcollege.edu/pubs/2339.pdf

[ Parent | on HN ]
Re:Crypto, the Left and Technofeudalism by Aunche on Saturday April 23, 2022 @11:13AM (#31134928)
Fiat enables. Period. Plenty of kingdoms and empires were able to finance their pointless wars with gold.
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Re:Crypto, the Left and Technofeudalism by dmitriid on Saturday April 23, 2022 @06:32PM (#31139284)
Two generations from now when new generations fight for scraps of deflationary money, those who amassed wealth early in the crypto cycle will definitely finance wars.
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Re:Crypto, the Left and Technofeudalism by Cederfjard on Saturday April 23, 2022 @11:22AM (#31135015)
Aren’t you basically repeating the same thing as the person you’re replying to? If the nation with a Bitcoin economy is threatened by the nation with a fiat economy and in the process of armament, what should they do?
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Re:Crypto, the Left and Technofeudalism by shadowgovt on Saturday April 23, 2022 @11:00AM (#31134807)
But if it enables war for fiat countries and constrains it for BTC countries, doesn't they imply a significant likelihood that the fiat countries will conquer the others?
[ Parent | on HN ]