Bit Wars by P1X
Bit Wars by P1X
Feb 14, 2016
itch.io
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This video touches on an excerpt from The Bitcoin Standard that explains how hard money changes the way wars are financed. When money is sound and scarce, wars are harder to fund and harder to hide from the public. When money can be printed, the true cost gets pushed into the future. During World War II, Germany was able to print money and issue IOUs, masking the real economic cost of war until the damage was already done. The Bitcoin Standard book analyzes how monetary systems shape incentives,
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