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13min chapter
Bitcoin, Climate Change, and Mainstream Media - Hajo Smit (WiM478)
The "What is Money?" Show
Bitcoin's Impact on Warfare and Transitioning to a Bitcoin Standard
The chapter explores how Bitcoin could revolutionize warfare by shifting incentives towards a proof of work competition and potentially leading to a more peaceful world. It discusses the idea of transitioning to a Bitcoin standard to avoid conflicts and war, contrasting it with the negative impacts of money printing. The conversation touches on various aspects such as the Pentagon's budget, the implications of a society operating on a Bitcoin standard, and how Bitcoin could alter incentives for coercion and violence.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode