BenjaminGlover (OP)
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February 14, 2022, 11:17:04 AM |
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Authoritarian governments would very certainly fight to maintain their use of money as a control device.
Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.
Thanks!
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Bttzed03
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February 14, 2022, 11:28:21 AM |
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Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
I don't see it happening and it doesn't make sense for countries to go to war because of their stance on Bitcoin and BTC. The fact is that countries can choose to live without using blockchain or cryptocurrency. BTC might be considered scarce due to the limited supply but it's not really a necessity for them unlike resources such as oil.
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mia_houston
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February 14, 2022, 11:30:59 AM |
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Authoritarian governments would very certainly fight to maintain their use of money as a control device.
Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.
Thanks!
Currently the majority of many countries still prohibit bitcoin for the use of legal tender, but some of these countries do not prohibit the use of bitcoin as an investment asset even though many countries have not regulated binding regulations. But to be honest I am a little less familiar with do you mean the Large-Scale War, do you mean a war like the one that happened between the West and East Blocs or do you mean war only in terms of politics or economics?
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ABCbits
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February 14, 2022, 11:58:06 AM Last edit: February 15, 2022, 09:32:56 AM by ETFbitcoin Merited by Charles-Tim (1) |
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Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
No, any sane government wouldn't start a war simply because ideology difference. War isn't exactly good for economy, especially if you're on disadvantage. For example, economist already speculate bad economic impact if Russia decide to invade Ukraine. I don't believe that's a very likely scenario, but it's a concept I've had
You should write fictional story.
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Slow death
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February 14, 2022, 12:00:14 PM |
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I don't see any scenario where we would have war between pro or anti bitcoin nation, I say this because each country will always continue to use their local currency, they will not give up using their local currency, bitcoin will always be a secondary currency in many countries so this possibility of a war between nations over bitcoin is something that will not happen
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avikz
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February 14, 2022, 12:02:50 PM |
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Authoritarian governments would very certainly fight to maintain their use of money as a control device.
Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.
Thanks!
Nope! Bitcoin has not reached to such significance where nations will invest their money and manpower for it. There are more serious problems in the world that can be dealt by military, but definitely not for bitcoin. The only reason it could happen is the nuke world war where majority of the institutions will be destroyed so then various nations will start currencies like bitcoin. Not before that!
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Mauser
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February 14, 2022, 12:11:04 PM |
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Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
Not at the moment. It might be that countries don't like bitcoins and would prefer investors to buy their own currency. This not how free markets, the government can't force their citizen what to buy and what not. If they would try something like that than there would be large outcry in the international markets and investors would do the opposite. Even if bitcoins are banned you could still switch into Swiss Francs or US Dollar. The government can't control the flow of capital. Also for a large scale war the countries would need to all work together against bitcoins what is very unrealistic. We already have a currency war between USA and China.
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Charles-Tim
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February 14, 2022, 12:11:14 PM |
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Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
No, any sane government wouldn't start a war simply because ideology difference. War isn't exactly good for economy, especially if you're on disadvantage. For example, economist already speculate bad economic impact if Russia decide to invade Ukraine. @BenjaminGlover! Each countries have their own fiat, so how can your scenario leads to war in real life? No country is offending any country all because one support decentralized currency or not, this has been the real fact that is happening. If there is a war that might occur relating to this, then there would have been wars about one fiat to dominate over another.
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stompix
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February 14, 2022, 12:14:09 PM |
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Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
Are you going to pick up a gun and kill poeple and risk of getting killed for BTC ? No, any sane government wouldn't start a war simply because ideology difference. War isn't exactly good for economy, especially if you're on disadvantage.
A sane government would not start a war over anything but in our history ideology and religion especially have started way more wars than economic reasons. Looking back since the last century most wars have been over this, if we cut independence wars all we're left is commies, religion, and race.
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Oasisman
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February 14, 2022, 12:32:52 PM |
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I don't see any reasons why a "large scale" protest or battle between pro and anti Bitcoiner, simply because I don't see any reason for anti-Bitcoiner or a government to waste their energy trying to stop people who has been earning decent amount in cryptocurrency. Infact, some governments are now adopting to the Innovations of cryptocurrency.
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YOSHIE
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February 14, 2022, 02:11:40 PM |
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Authoritarian governments would very certainly fight to maintain their use of money as a control device.
Who thinks so, which authority, I think now and in the future, money is still the instrument of control, I don't see Bitcoin as a means of control in finance. What do you mean authoritarian or authority, both are almost the same way of working differently. Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
How can such a bad thing happen, so far countries are at war not because of Bitcoin, many countries are at war for territory and power. All countries they know Bitcoin as an investment asset and trade online or the language is often called digital currency, although there are currently pros and cons to Bitcoin, it doesn't mean having to go to war, that's the point. I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.
Your concept is totally wrong, if you know the true purpose and meaning of Bitcoin, I'm sure you don't want to say as above, it's the worst concept and never happened.
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naira
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February 14, 2022, 02:44:32 PM |
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In my opinion, all governments in their respective countries will maintain their interests even if they are not as authoritarian as you mean. These are just ideological differences and there is no ideal reason to fight over such matters for interests that will not impact their territory. If you consider Russia and Ukraine, the US would still benefit from the arms trade. Then why link Bitcoin? Bitcoin does not force any country to be legalized. It's just an alternative offer and let them each decide.
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aoluain
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February 14, 2022, 02:56:08 PM |
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Has any country done this before?
Finance, economies and currencies can work in tandem with each other. El Salvador still have the choice of trading in U.S Dollars eventhough they adopted Bitcoin as legal tender.
The OP's concept is just that, a concept. The OP is also overthinking Bitcoin as legal tender.
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marilynmanson21
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February 14, 2022, 03:26:28 PM |
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one thing that doesn't make sense if one country goes to war just about bitcoin, I think there is another problem that we don't know about where the problem of every country is only the illegal mining of bitcoin, and investors should be safer investing in local currencies than crypto because as we know crypto is full of different risks if we invest in fiat in terms of the economy, war will have a negative impact on the country's economy, of course, every head of state will definitely think deeply about the effects of the war that will occur, unless the country is really ready for the long term and ready to go to war
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Upgrade00
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February 14, 2022, 03:41:19 PM |
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Authoritarian governments would very certainly fight to maintain their use of money as a control device.
They do not really need to fight, authoritarian governments do not really care about the opinion of the public and can make any decision, no mater how extreme it is. Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
I assume that by "battle" and "war", you mean disagreement or dispute. Countries would not go to actual war because of their opinions on bitcoin, that would not make any sense. A disagreement or dispute could happen depending on how bitcoin evolves over the years. At this present state of how bitcoin is perceived countries would not bat an eyelid, no matter what decision different nations make on it.
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fzkto
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February 14, 2022, 04:07:50 PM |
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Fighting against bitcoin is like fighting against the internet or against social media. If the whole world turned into North Korea, then we could talk about such a fight, but right now it seems useless to me. For example, China recently banned mining and cryptocurrencies, but in general nothing happened.
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boyptc
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February 14, 2022, 09:10:46 PM |
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It's too shallow to end with that idea but just with our curiosity, we build thoughts like this.
There's no need for a war, that's too harsh. Whom do they are fighting for? A nation that's bitcoin friendly, there's no need to hate them and have them on a war.
Those anti-bitcoin nations, the solution is simple. A ban, that's all they need to do.
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Obito
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February 15, 2022, 02:05:52 AM |
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If the mankind continues to choose the stupidest and destructive of all the paths laid out for us to decide our future, pretty sure that we're probably going to see that kind of war although I don't think that we're going to see it anytime soon, even if the scale is slowly tethering towards the demise of our civilization, there's still people fighting out there for us to not go down to that point. Also, I don't think that the war would be more digital rather than a physical one because if you compare it to the wars throughout human history, the reason for bitcoin war is petty to become a full scale war.
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TravelMug
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February 15, 2022, 03:08:31 AM |
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Authoritarian governments would very certainly fight to maintain their use of money as a control device.
Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
I don't believe that's a very likely scenario, but it's a concept I've had, and I'd want to hear your thoughts on it.
Thanks!
I think there's more pending issues to discuss by countries though, specially political and in economics. I doubt that bitcoin will be any of those priorities. And this has been discuss by G7 in their summit so I guess at a sense they have been tackling bitcoin fo the last 5 years or so and we never heard of any of them battling it out on the floor, except maybe talking about the pros and cons of crypto in general and what could be the effect on countries.
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OcTradism
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February 15, 2022, 03:54:57 AM |
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Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
There are always two opposite sides: supporters and protesters. They are from personal, institutional to governmental levels. There will be nations which support, make Bitcoin as legal tender and nations which don't accept Bitcoin. It is like Communism and Capitalism but there will always be a dominating side like Capitalism dominates the world. Because I am Bitcoiner, I believe that in future, there will be more nations which accept Bitcoin than don't accept it.
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