I hear you & agree that Bitcoin does not magically fix human nature or guarantee peace. Power can consolidate under any system if people aren’t vigilant. The way I see it, fiat materially changes the incentive structure. When governments can create money at will, they can fund wars without immediately taxing their citizens or asking for explicit consent. The costs get diluted through inflation, debt issuance, and central bank balance sheets. That makes large-scale conflict easier to sustain and easier to politically sell.
Under a Bitcoin standard, that lever weakens. You can’t print sats to fund a war. You would have to tax directly or borrow real savings from people who consciously choose to part with scarce capital. That introduces friction & raises the political cost of prolonged conflict.
Is it a silver bullet? No. Of course it isn't because humans can still choose violence. But if the monetary base is credibly scarce and resistant to manipulation, the incentive to engage in endless, debt-financed warfare decreases. As famous Bitcoin hater Munger said "Show me the incentive and I'll show you the outcome".
binmucker
npub16s…a8t7y
2026-02-27 16:42:55 UTC
in reply to nevent1q…wqr3
Author Public Key
npub16syt2k5uky4pxycfttxrxmwwzht2t3008f2q68kw4almjl4guu9qea8t7yPublished at
2026-02-27 16:42:55 UTCEvent JSON
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"content": "I hear you \u0026 agree that Bitcoin does not magically fix human nature or guarantee peace. Power can consolidate under any system if people aren’t vigilant. The way I see it, fiat materially changes the incentive structure. When governments can create money at will, they can fund wars without immediately taxing their citizens or asking for explicit consent. The costs get diluted through inflation, debt issuance, and central bank balance sheets. That makes large-scale conflict easier to sustain and easier to politically sell.\n\nUnder a Bitcoin standard, that lever weakens. You can’t print sats to fund a war. You would have to tax directly or borrow real savings from people who consciously choose to part with scarce capital. That introduces friction \u0026 raises the political cost of prolonged conflict.\n\nIs it a silver bullet? No. Of course it isn't because humans can still choose violence. But if the monetary base is credibly scarce and resistant to manipulation, the incentive to engage in endless, debt-financed warfare decreases. As famous Bitcoin hater Munger said \"Show me the incentive and I'll show you the outcome\".",
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