Perhaps this is the wrong group to ask, but I'm having a discussion with a friend and he's skeptical of Bitcoin and has high trust in the government and fiat currency. One of his arguments is that under a Bitcoin standard, how is a government to effectively and quickly address emergencies like natural disasters or wars? What if a fiat nation was at war with a Bitcoin nation, wouldn't the fiat nation be able to make more arms for a longer period and therefore be better at war?
Curious about your thoughts on this and other arguments to steel man a fiat standard.
Thanks.
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments