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More / Bitcoin Reddit - 4 months ago

War is expensive. In the old days, Kings had to tax peasants to pay for wars. If the peasants ran out of gold, the war ended. Now, governments print money to pay for wars. The war goes on forever, and the peasants pay for it through inflation for decades.

War is expensive. In the old days, Kings had to tax peasants to pay for wars. If the peasants ran out of gold, the war ended. Now, governments print money to pay for wars. The war goes on forever, and the peasants pay for it through inflation f...

More / Bitcoin Reddit - 4 months ago

War is expensive. In the old days, Kings had to tax peasants to pay for wars. If the peasants ran out of gold, the war ended. Now, governments print money to pay for wars. The war goes on forever, and the peasants pay for it through inflation for decades.

War is expensive. In the old days, Kings had to tax peasants to pay for wars. If the peasants ran out of gold, the war ended. Now, governments print money to pay for wars. The war goes on forever, and the peasants pay for it through inflation f...