Bitcoin, Climate Change, and Mainstream Media - Hajo Smit (WiM478)
The "What is Money?" Show
00:00
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.
Transcript
Play full episode
