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The Role of Bitcoin in a Bloodless Revolution
Bitcoin offers a solution to the cycle of violence and bloodshed plaguing society. The lyrics of a song by The Police highlight the lack of a political solution and the futility of bloody revolutions. Violence only begets more violence. To address this, Bitcoin can lower the profitability of violence by making coercion, compulsion, and violence less profitable. By holding savings in Bitcoin instead of fiat currency, the state's ability to plunder through currency counterfeiting is reduced. Additionally, Bitcoin's decentralization makes it harder to tax, prompting individuals to seek jurisdictions with better treatment. This bloodless revolution aims to reduce future bloodshed by providing a universal solution that promotes peace and avoids the risks and expenses of violence.