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Topic: Bitcoin Vs Military Industrial Complex (Read 284 times)

full member
Activity: 504
Merit: 144
March 22, 2024, 08:48:05 PM
#20
In my opinion, no matter what happens, the USD can only weaken, but cannot disappear, and of course it will drag down the entire United States, including its military. Currently, the United States is the leading country, their influence on any economic or monetary policy will affect the world, but that does not mean that Bitcoin cannot shine. You should remember that Bitcoin is like gold, it is more of a reserve asset than a representation of the strength of a certain country's currency, because currently the USD is printed from air, not backed by 1 type of asset, so there is no connection between USD and Bitcoin here.
In addition, the world has increasingly turned around, and America's power has been somewhat weakened by the restraint of Russia, China and India. If the US does not accept Bitcoin, the rest of the world will still accept it, and then the US will be kicked out of the global game, they will not want that to happen. Instead, they will try to find ways to control the supply of Bitcoin, because as we know, the amount of Bitcoin is less than 21 million VND. In the furure, I guess that the race of strength between countries will be to see who holds more Bitcoin reserves.
hero member
Activity: 2002
Merit: 534
March 03, 2024, 02:19:57 AM
#19
Hello,

Lets say for example the $US dollar goes into hyperinflation or the $dollar loses world reserve currency status or just collapses people lost faith in it. We all know the US is the largest spender for its military & army in the world as well as its defence spending. They spend using '$Dollars'. Funding the military and wars are the most expensive things to finance on this planet. I don't even think 21 million bitcoins is enough to fund WW3. I looked at prices and 1 of the cruise missiles for a fighter jet is like $80,000 Shocked, not cheap lets say. So if anything happens to the $US dollar then how will the military industrial complex/army continue running?

Lets say your a soldier getting paid $40000 a year salary and hyperinflation happens and your wage does not go up that much, would you still turn up to work the next day in your army uniform to earn toilet paper?

So if the military industrial complex collapses due to currency issues then the host nation of that currency will be like sitting ducks to other nations looking to invade it without facing defence resistance. So from here can we say that the US Government will do whatever it takes to save its $US dollar currency and the $US dollar will continue doing fine for many decades to come and if that's the case then how Bitcoin can shine in times like this when it is facing the US Government & the Feds Manipulation?



This is a very unrealistic example, at the moment the risk of USA losing its status as leading world reserve currency or going into hyperinflation is very small. In case this would happen, I don't see a big problem for the USA and their military, because most of the leading armament producers are actually USA companies. The hyperinflation would just run through the whole system, the cost for everything would go up and so would also the wages go up. As long as all the big companies are from the same countries you will still be able to buy things for your money. The only problem would be to acquire foreign currencies or even crypto currencies if your own FIAT money is in hyperinflation. Who would be willing to sell his BTC to the USA if their money is worthless the next day? So, bitcoin is not going to be the money to fight WW3 in. Another thing is that once there is a major war where it goes for the survival of your own country, money is not an important concept anymore. Loving your country and protecting your family will be the main motivation for man to join the army again.
hero member
Activity: 952
Merit: 555
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March 02, 2024, 09:15:26 AM
#18

Lets say for example the $US dollar goes into hyperinflation or the $dollar loses world reserve currency status or just collapses people lost faith in it.

Well, since this is only on assumption base, we may not need to drag much things about this, but lets look into the possible to whether if this can be achieved in a long or short term analysis, because for now, US dollars still remains the most dominant currency in the entire world.

We all know the US is the largest spender for its military & army in the world as well as its defence spending. They spend using '$Dollars'. Funding the military and wars are the most expensive things to finance on this planet. I don't even think 21 million bitcoins is enough to fund WW3.

Why not, 21 million bitcoin is quite enough to finance for world war III but we just never expect that to come, however, the countries with the strongest developments, manpower and smoothly running economy system will still have more influential right and power with enough resources to control or sustain the longevity of war as they wishes unlike the developing countries.
legendary
Activity: 3248
Merit: 1402
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March 02, 2024, 09:12:23 AM
#17
The USA is the strongest economy in the world, and the USD is famously good at keeping inflation stable. That economy works well, and I see no reason for hyperinflation of the global reserve currency and a currency strengthened by elaborate economic policies, backed up by tons of strong economic activities of the country.
The military equipment isn't cheap, but it's not all just spending money. When you make weapons, you create a lot of jobs, and that's very good for the economy, actually.
If the USD spirals out of control for some reason, I think the US wouldn't move to Bitcoin. Instead, they'd implement some strict policies like tying fiat to gold or perhaps issuing coupons for different things while working on a new currency. The military might get weaker for the time being, just as the economy is weakened overall. But that's where having allies and strong international relations comes in.
sr. member
Activity: 588
Merit: 338
March 02, 2024, 08:25:11 AM
#16

So if the military industrial complex collapses due to currency issues then the host nation of that currency will be like sitting ducks to other nations looking to invade it without facing defence resistance. So from here can we say that the US Government will do whatever it takes to save its $US dollar currency and the $US dollar will continue doing fine for many decades to come and if that's the case then how Bitcoin can shine in times like this when it is facing the US Government & the Feds Manipulation?



You pretty much answered your question, if the US dollar were to have an issue, we'll say with surety that the US government will find a way to save the dollar from crashing and being undervalued, I mean it's the USA, they must have thought about every possible scenerio if their precious dollar were to significantly dip. They undeniably have the best army in the world, and they'll do everything in their power to keep it that way.

Bitcoin is decentralized and it's not shackled by any country, including the US, it's doing just fine now, despite any manipulations, restrictions or bans in different countries, it'll always shine and soar higher despite any challenges along the way.
legendary
Activity: 3472
Merit: 10611
March 02, 2024, 07:41:33 AM
#15
You are bringing up a handful of topics, each of which could be discussed separately since they are all special cases that could have unpredictable effects on the economy as a whole and consequently on bitcoin price. For example WW3, collapse of US, hyperinflation of dollar, military expenditure, etc. each of these topics could have unexpected effects that create chain reactions in the world including recession that has negative impact on bitcoin.

- For the time being and under normal circumstances, US will keep creating more debt slowly devaluing dollar hence creating slow inflation that will also help bitcoin price grow.
- As dedollarisation continues, there will be less destinations for US to export that inflation that were decreasing the devaluation of dollar so the devaluation remains domestic and dollar dumps more creating bigger inflation hence helping price of everything including bitcoin go up.
- In case of a bigger dedollarisation and a dollar hyperinflation, the US regime's expenditure will have to decrease meaning the military industrial complex will be the first to fall and we can experience a short term period of peace in the world.
I don't find too much correlation between BTC and the US economy. Although BTC price is supported by BTC Spot ETF in the US, BTC does not depend on a certain country. Even if the economic crisis leads to hyperinflation, a solution can be applied such as using the BTC standard to issue fiat, or confiscating the gold of the American people again to apply gold standard. I believe that the US government will not let the world's leading economy collapse.

To protect peace, we need a powerful army ready to go to war to protect peace. Therefore, I believe that the existence of the US military is necessary, for example to protect peace in Taiwan and South Korea. I do not expect the military industrial complex to collapse, the US military needs them to have the best strength.
Every country needs a military but the problem is when that military is used for "adventures" overseas. One of the reasons why there are conflicts in the places you mentioned like Korean peninsula, Taiwan, West Asia, Africa, Ukraine, ... is US presence! not the other way around. And this large number of presence abroad is the main reason for the massive expenditure and the $35 trillion national debt.
member
Activity: 84
Merit: 11
March 01, 2024, 07:26:26 PM
#14
First off, the 21 million Bitcoin is enough to finance world war III and other wars and the rest of the world's business.

Do you think the US, and any country for that matter, would allow themselves to become just sitting ducks just because their currency is losing value? Even Venezuela has maintained a pretty strong armed forces despite their currency becoming less valuable than a toilet paper.

Bitcoin doesn't really compete with the USD. It isn't trying to topple it down. It's just an alternative, especially when it comes to online transactions.

Bitcoin is already shining. Whether the USD remains powerful or not doesn't matter. Bitcoin has its unique features that no other currency can offer. It will always excel.

Yeah I'm talking about financing a Non-Nuclear World War 3 and the Rebuild of countries after the ww3 which will cost like a $quadrillion. If ww3 is nuclear then humanity will go extinct never mind financing. Ai can survive nuclear war like a cockroach because as long there is energy for Ai such as electricity and if Ai has developed self-awareness or consciousness to survive then yeah it can survive in a world with no humans as long there is energy powering Ai.

A Ai that does not rely on human input to survive and has developed self awareness consciousness and don't need humans for energy harvesting as well as no need to enslave humans to maintain their Ai Grid/Network is a threat to humanity because Ai don't need humans as they see humans taking their resources/energy or a threat to Ai consciousness. Possibilities.

But what we know for certain that the military army always get the latest tech 1st before any of us. Heck the military had the internet way back in the 60s.

Is Venezuela using its own currency to finance its armed forces or they are borrowing $usd to finance?

full member
Activity: 1148
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March 01, 2024, 06:58:35 PM
#13
If the US dollar goes haywire or loses its top currency status, it could mess up military funding which heavily relies on the greenback. Soldiers getting paid might face issues if hyperinflation hits but the government would likely try to keep things steady. The big question is Bitcoin's role is it's a bit uncertain. For it to shine, more people, including the military would need to buy into it. Right now, it's a wait-and-see on how Bitcoin would handle the chaos if the US dollar takes a hit
legendary
Activity: 882
Merit: 1873
Crypto Swap Exchange
March 01, 2024, 02:25:28 AM
#12
Bitcoin already shines in times like these and would shine tremendously for any soldier who decided to invest all their income in Bitcoin.  Which is very sad if you ask me.  Having to sell your national Currency to invest in another one, while protecting the soil of your nation.  But there is no thing we or Bitcoin needs to do.  Bitcoin will just do great because it is running on its own lane and will continue to provide control and Freedom.
legendary
Activity: 2576
Merit: 1860
February 29, 2024, 10:01:12 PM
#11
First off, the 21 million Bitcoin is enough to finance world war III and other wars and the rest of the world's business.

Do you think the US, and any country for that matter, would allow themselves to become just sitting ducks just because their currency is losing value? Even Venezuela has maintained a pretty strong armed forces despite their currency becoming less valuable than a toilet paper.

Bitcoin doesn't really compete with the USD. It isn't trying to topple it down. It's just an alternative, especially when it comes to online transactions.

Bitcoin is already shining. Whether the USD remains powerful or not doesn't matter. Bitcoin has its unique features that no other currency can offer. It will always excel.
member
Activity: 84
Merit: 11
February 29, 2024, 07:52:18 PM
#10
So if the military industrial complex collapses due to currency issues then the host nation of that currency will be like sitting ducks to other nations looking to invade it without facing defence resistance. So from here can we say that the US Government will do whatever it takes to save its $US dollar currency and the $US dollar will continue doing fine for many decades to come and if that's the case then how Bitcoin can shine in times like this when it is facing the US Government & the Feds Manipulation?

While a collapse or devaluation of the US dollar could have significant ramifications for the military and global stability, governments have tools and mechanisms to mitigate the impact and stabilize their currencies. Please do not forget that USD is still the most used currency in international trades and US is still the largest economy in this planet. Most importantly, they have the strongest military (both in terms of manpower and technology) on planet earth. So what you are saying, could take centuries to happen unless another significant power suddenly rise up who really has the ability to overpower the current world order. It's easier said than done.

I don't see any role for Bitcoin in this entire situation. Bitcoin is an internet based currency system with no/very little role to play in geo-politics. Bitcoin is not meant for mass adoption. It's a parallel economy and let it thrive as a parallel economy only! 

Yeah understand $usd is the world reserve currency used for international commodity trades which gives demand for $usd.

What tools/mechanisms governments have to stabilize their currencies apart from interest rates and foreign bonds selling?

Yes bitcoin is a cashless internet system like CBDC's however bitcoin purpose is to stop the evil bankers and what's the point of bitcoin running parallel to evil bankers still playing their evil greedy games?

2.1 Quadrillion Sats programmed by Satoshi is meant for Global Mass Adoption. It is 2.1 Quadrillion Sats not 21 million bitcoins.

member
Activity: 84
Merit: 11
February 29, 2024, 07:42:32 PM
#9
belongs in economics section but lets dig into it

firstly active duty military people dont need to access their own bank account, they are fed and sheltered by the army base/camp for the tour of duty so would turn up each day.
however they would hope when tour is over their bank account will be full enough to show their work was worth their effort

as for USD as a whole
the US actually pay other countries to build stuff

EG
UK bread £1.50
US bread $2.00

if the UK didnt hyper inflate where bread stayed at £1.50, but US did inflate where bread was $20
thats good for the US military complex

if a tank engine cost $2m(£1.5m) (1m loaves of bread yesterday)
but next year(after hyper inflation scenario) they can buy a tank engine for the same £1.5m
but it only costs equivalent of 100k loaves of US bread, not 1m loaves of american bread
so 90% discount because they order such things years earlier

its much like locking in low interest mortgage on a fixed 10 year whilst on low inflation.. so when it hyper inflates it feels like you are paying less bread for your mortgage

To be fed and sheltered costs money right?

What do you mean the US pay other countries to build stuff? You mean imports/exports?

The examples you providing sounds like future contracts or please explain as im not getting it and what about forex rates such as weak dollar strong pound and vice-versa?
legendary
Activity: 1904
Merit: 1563
February 29, 2024, 07:01:18 AM
#8
When this kind of thing happens? They just raise the debt ceiling and print more money to balance out the value of dollar, even if the world loses faith on the dollar, there's no way that it's going to be a long time before they recover from that, also I'm pretty sure that most of their soldiers aren't just going to quit because their money isn't worth a lot, the new generation of soldiers have been brainwashed to become patriots that will do whatever's best for the country so they don't easily waiver when there's no money to be paid, they're definitely going to get paid in bonds or some other form of payment. Also, just because the dollar collapses doesn't mean that the military would just collapse in a day, they've probably found a way to do some sort of preservation that would make the military functional despite a collapsing economy.

If you're talking about the companies that supply the newest technology for the military, that's going to be the time that they'll ramp up their production to the point that they're more efficient during an economic crisis because they know that they're going to be paid more when Uncle Sam is in debt to them.
copper member
Activity: 69
Merit: 0
February 29, 2024, 04:59:19 AM
#7
Hello,

Lets say for example the $US dollar goes into hyperinflation or the $dollar loses world reserve currency status or just collapses people lost faith in it. We all know the US is the largest spender for its military & army in the world as well as its defence spending. They spend using '$Dollars'. Funding the military and wars are the most expensive things to finance on this planet. I don't even think 21 million bitcoins is enough to fund WW3. I looked at prices and 1 of the cruise missiles for a fighter jet is like $80,000 Shocked, not cheap lets say. So if anything happens to the $US dollar then how will the military industrial complex/army continue running?

Lets say your a soldier getting paid $40000 a year salary and hyperinflation happens and your wage does not go up that much, would you still turn up to work the next day in your army uniform to earn toilet paper?

So if the military industrial complex collapses due to currency issues then the host nation of that currency will be like sitting ducks to other nations looking to invade it without facing defence resistance. So from here can we say that the US Government will do whatever it takes to save its $US dollar currency and the $US dollar will continue doing fine for many decades to come and if that's the case then how Bitcoin can shine in times like this when it is facing the US Government & the Feds Manipulation?



US government+MIC and their NATO lackeys are soon starting WW3 by poking the Russian bear. This is very for ever increasing price of Bitcoin. So cheer them up!
member
Activity: 210
Merit: 47
₿itcoin maximalist
February 28, 2024, 12:42:56 PM
#6
You are bringing up a handful of topics, each of which could be discussed separately since they are all special cases that could have unpredictable effects on the economy as a whole and consequently on bitcoin price. For example WW3, collapse of US, hyperinflation of dollar, military expenditure, etc. each of these topics could have unexpected effects that create chain reactions in the world including recession that has negative impact on bitcoin.

- For the time being and under normal circumstances, US will keep creating more debt slowly devaluing dollar hence creating slow inflation that will also help bitcoin price grow.
- As dedollarisation continues, there will be less destinations for US to export that inflation that were decreasing the devaluation of dollar so the devaluation remains domestic and dollar dumps more creating bigger inflation hence helping price of everything including bitcoin go up.
- In case of a bigger dedollarisation and a dollar hyperinflation, the US regime's expenditure will have to decrease meaning the military industrial complex will be the first to fall and we can experience a short term period of peace in the world.
I don't find too much correlation between BTC and the US economy. Although BTC price is supported by BTC Spot ETF in the US, BTC does not depend on a certain country. Even if the economic crisis leads to hyperinflation, a solution can be applied such as using the BTC standard to issue fiat, or confiscating the gold of the American people again to apply gold standard. I believe that the US government will not let the world's leading economy collapse.

To protect peace, we need a powerful army ready to go to war to protect peace. Therefore, I believe that the existence of the US military is necessary, for example to protect peace in Taiwan and South Korea. I do not expect the military industrial complex to collapse, the US military needs them to have the best strength.
sr. member
Activity: 1106
Merit: 391
February 28, 2024, 02:44:15 AM
#5
-snip-

So if the military industrial complex collapses due to currency issues then the host nation of that currency will be like sitting ducks to other nations looking to invade it without facing defence resistance. So from here can we say that the US Government will do whatever it takes to save its $US dollar currency and the $US dollar will continue doing fine for many decades to come and if that's the case then how Bitcoin can shine in times like this when it is facing the US Government & the Feds Manipulation?



However, the US government with all its strength will strive to ensure that the USD remains the strongest currency in the world. Make sure that there will be many things that the US will do to ensure that the value of the USD is maintained and does not decline too much, even when the global economy is hit by a recession. Never doubt Uncle Sam's abilities.
But at the same time, Bitcoin will also survive and grow, even amidst pressure from the US government. Maybe many people will think that Bitcoin will be affected by this, well that's possible, but keep in mind that Bitcoin adopters are global and whenever there are people who want to sell Bitcoin, there are people who will buy it. And so on, people maintain Bitcoin's sustainability.
legendary
Activity: 3472
Merit: 10611
February 28, 2024, 02:06:51 AM
#4
You are bringing up a handful of topics, each of which could be discussed separately since they are all special cases that could have unpredictable effects on the economy as a whole and consequently on bitcoin price. For example WW3, collapse of US, hyperinflation of dollar, military expenditure, etc. each of these topics could have unexpected effects that create chain reactions in the world including recession that has negative impact on bitcoin.

- For the time being and under normal circumstances, US will keep creating more debt slowly devaluing dollar hence creating slow inflation that will also help bitcoin price grow.
- As dedollarisation continues, there will be less destinations for US to export that inflation that were decreasing the devaluation of dollar so the devaluation remains domestic and dollar dumps more creating bigger inflation hence helping price of everything including bitcoin go up.
- In case of a bigger dedollarisation and a dollar hyperinflation, the US regime's expenditure will have to decrease meaning the military industrial complex will be the first to fall and we can experience a short term period of peace in the world.
legendary
Activity: 3080
Merit: 1500
February 27, 2024, 11:45:49 PM
#3
So if the military industrial complex collapses due to currency issues then the host nation of that currency will be like sitting ducks to other nations looking to invade it without facing defence resistance. So from here can we say that the US Government will do whatever it takes to save its $US dollar currency and the $US dollar will continue doing fine for many decades to come and if that's the case then how Bitcoin can shine in times like this when it is facing the US Government & the Feds Manipulation?

While a collapse or devaluation of the US dollar could have significant ramifications for the military and global stability, governments have tools and mechanisms to mitigate the impact and stabilize their currencies. Please do not forget that USD is still the most used currency in international trades and US is still the largest economy in this planet. Most importantly, they have the strongest military (both in terms of manpower and technology) on planet earth. So what you are saying, could take centuries to happen unless another significant power suddenly rise up who really has the ability to overpower the current world order. It's easier said than done.

I don't see any role for Bitcoin in this entire situation. Bitcoin is an internet based currency system with no/very little role to play in geo-politics. Bitcoin is not meant for mass adoption. It's a parallel economy and let it thrive as a parallel economy only! 
legendary
Activity: 4424
Merit: 4794
February 27, 2024, 09:29:09 PM
#2
belongs in economics section but lets dig into it

firstly active duty military people dont need to access their own bank account, they are fed and sheltered by the army base/camp for the tour of duty so would turn up each day.
however they would hope when tour is over their bank account will be full enough to show their work was worth their effort

as for USD as a whole
the US actually pay other countries to build stuff

EG
UK bread £1.50
US bread $2.00

if the UK didnt hyper inflate where bread stayed at £1.50, but US did inflate where bread was $20
thats good for the US military complex

if a tank engine cost $2m(£1.5m) (1m loaves of bread yesterday)
but next year(after hyper inflation scenario) they can buy a tank engine for the same £1.5m
but it only costs equivalent of 100k loaves of US bread, not 1m loaves of american bread
so 90% discount because they order such things years earlier

its much like locking in low interest mortgage on a fixed 10 year whilst on low inflation.. so when it hyper inflates it feels like you are paying less bread for your mortgage
member
Activity: 84
Merit: 11
February 27, 2024, 05:50:56 PM
#1
Hello,

Lets say for example the $US dollar goes into hyperinflation or the $dollar loses world reserve currency status or just collapses people lost faith in it. We all know the US is the largest spender for its military & army in the world as well as its defence spending. They spend using '$Dollars'. Funding the military and wars are the most expensive things to finance on this planet. I don't even think 21 million bitcoins is enough to fund WW3. I looked at prices and 1 of the cruise missiles for a fighter jet is like $80,000 Shocked, not cheap lets say. So if anything happens to the $US dollar then how will the military industrial complex/army continue running?

Lets say your a soldier getting paid $40000 a year salary and hyperinflation happens and your wage does not go up that much, would you still turn up to work the next day in your army uniform to earn toilet paper?

So if the military industrial complex collapses due to currency issues then the host nation of that currency will be like sitting ducks to other nations looking to invade it without facing defence resistance. So from here can we say that the US Government will do whatever it takes to save its $US dollar currency and the $US dollar will continue doing fine for many decades to come and if that's the case then how Bitcoin can shine in times like this when it is facing the US Government & the Feds Manipulation?

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