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Topic: Bitcoin War (Read 457 times)

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March 03, 2022, 03:01:59 PM
#55

Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?

Thanks!
There will be no war here, I think you are overvaluing bitcoin. War only happens because of power struggles, asserting sovereignty...Bitcoin is simply a profitable investment asset or currency traded on the internet. if we want to own them as long as we have the money, we can buy them anytime we want.
Besides a war will not resolve anything even if a country that was pro-bitcoin was conquered by a country that was against it this will not stop bitcoin, as bitcoin was not created by a government but by an individual and its decentralized nature makes it impossible to destroy, so all of this idea of a war happening because of bitcoin is simply too dramatic and it is something that we are never going to see no matter how strong the opposition against bitcoin could become.
sr. member
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February 24, 2022, 12:53:39 AM
#54
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.
No, because it is not going to happen that bitcoin will rule the world, the government is centralized therefore centralization will stay. The government could ban bitcoin if they want to, of course, we don't want that to happen, so let us not think that bitcoin will be able to defeat fiat or any government as they are so powerful to protect their interest.
BTC to rule the world? I think that's crazy. Btc can be stronger due to adoption and its price can go higher but it does not get to a point that it rules everything. It is still a currency and will remain there and like you said, the government is still more powerful than everything. They can do what they wanted to.

No need for a fight because btc is not looking for a fight but if there are fights that will happen, that fight will only be country vs country and not country vs btc. Fights in the country have other reasons and not because of currencies related matter I believe. War's are not good for all of us including in btc so lets hope everyone will be in peace now.
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February 23, 2022, 11:53:08 PM
#53

Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?

Thanks!
There will be no war here, I think you are overvaluing bitcoin. War only happens because of power struggles, asserting sovereignty...Bitcoin is simply a profitable investment asset or currency traded on the internet. if we want to own them as long as we have the money, we can buy them anytime we want.


That is correct, and it is extremely exaggerating that people will go to war as a result of cryptocurrency. We can all agree that one of the primary reasons for war is to gain power or resources. With bitcoin, I do not believe this is the case, but there will be a lot of discussion online about pro and con bitcoin, but I do not believe a war will break out as a result of this. Let us just take pleasure in the bitcoin because it is our opportunity to make money, and therefore we should have no time for war.
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February 23, 2022, 11:35:35 PM
#52
Quote
Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?

It will be difficult for such war to happen to bitcoin because many countries has tested bitcoin in so many ways to know if it will survive from where decentralized currency is, but it has proven to the world the reason why it was created by Satoshi. Many countries has achieved so much profits from bitcoin investment that will make them to legalized bitcoin because of the unemployment and poor economy bitcoin has reduced in the country.  Based on the good results some government in the world have received from  bitcoin during the time of pandemic that collapsed so many things in the communities, that was causing bitcoin users to achieve massive income during the period.
legendary
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February 23, 2022, 10:05:26 PM
#51

Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?

Thanks!
There will be no war here, I think you are overvaluing bitcoin. War only happens because of power struggles, asserting sovereignty...Bitcoin is simply a profitable investment asset or currency traded on the internet. if we want to own them as long as we have the money, we can buy them anytime we want.
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February 23, 2022, 03:36:20 PM
#50
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!
This is never going to happen, it is true that at some point governments could be divided and classified as pro-bitcoin and anti-bitcoin, however this is not going to escalate to a battle or to war, so do not worry abut a scenario like this because it is never going to happen, and even if there will be countries that most likely will remain against bitcoin for a very long time, like China, I do not think that even them will have the resources to stop bitcoin from being used on their countries despite their negative posture.
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February 23, 2022, 03:33:23 PM
#49
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!

Interesting thought. And, yes, I believe one day this could be an issue - mostly where the more powerful governments try to take the Bitcoin from smaller governments.

I was thinking about this as I tried to pay my Internet bill in El Salvador with the provider Claro.

They would not accept my Bitcoin and only accept Lightning, which is very frustrating.

But from a technical standpoint, you can see there are only 3 channels connecting to all of El Salvador (which has $BTC has legal tender).



I know there has been war over this ... and points on both sides, but aside from being inconvient to not be able to pay with BTC (without setting up LN), do you think having such limited number of channels to an entire nation state would make this more or less of a problem for El Salvador in particular?

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February 23, 2022, 02:40:19 PM
#48
Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
This is very impossible. You can't go to war over what you don't privately own or that's my thought and I think that's the case of bitcoin. It's own by no one and still own by everyone.

The best we could hope for and could very much be a reality is an incorporation of both bitcoin and fiat currencies within a nation for merchants that might be willing to accept it and perhaps fiat might be subjected to government own institutions to ensure a broader usage.
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February 23, 2022, 02:27:56 PM
#47
Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
Internal financial policy of a country isn't a reasonable reason to generate conflicts with another countries. A country can't start threating another just because they passed bitcoin as legal tender. If a war like that happened, there should be another reasons involved on the backgrounds which would be intensifying the rage and desire to fight from both sides.

On the other hand, bitcoin is an useful tool for economical wars and not direcly martial wars: if an enemy country wants to weak and sabotage a bitcoin friendly country, they could try doing this through market price manipulation. Dumping bitcoin on purpose during a critical moment would affect an enemy nation which relies on bitcoin for their economical progress.
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February 23, 2022, 01:37:37 PM
#46
so let us not think that bitcoin will be able to defeat fiat or any government as they are so powerful to protect their interest.
Plus, bitcoin don't usually work offline so it's useless having bitcoin to pay or transfer in a place where you can't connect to the internet considering not all place have internet.

Also, having legal tender is not equivalent to official local currency so I don't think it will be related to government's interest.
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February 23, 2022, 12:52:57 PM
#45
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!

No, because it is not going to happen that bitcoin will rule the world, the government is centralized therefore centralization will stay. The government could ban bitcoin if they want to, of course, we don't want that to happen, so let us not think that bitcoin will be able to defeat fiat or any government as they are so powerful to protect their interest.
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February 23, 2022, 12:23:49 PM
#44
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!

It is possible if somehow Bitcoin's user case  goes beyond or compared to oil, as this natural resource is somehow the start of every war in some countries. If we see through there is no possible reason. Maybe if Bitcoin is link to a resource which is on demand in every country, and maybe if those countries who mange to secure the resource wouldn't accept any payment aside from Bitcoin, then it could mean war.

Right there, you know you cannot even compare Bitcoin to oil in this sense. Oil is a physical natural resource of a country that has it but is Bitcoin a natural resource in any country? No one country is the owner of Bitcoin so why would you even think that no matter how Bitcoin eventually grows that countries can go to war for it? So when a country invades others cos of Bitcoin, they go and steal their mining rigs or confiscate their wallets Grin
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February 23, 2022, 07:32:16 AM
#43
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!

It is possible if somehow Bitcoin's user case  goes beyond or compared to oil, as this natural resource is somehow the start of every war in some countries. If we see through there is no possible reason. Maybe if Bitcoin is link to a resource which is on demand in every country, and maybe if those countries who mange to secure the resource wouldn't accept any payment aside from Bitcoin, then it could mean war.
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February 23, 2022, 07:11:57 AM
#42
Using bitcoin or adopting bitcoin is a choice that can be taken or not. If the cons with bitcoin might just ban it without having to fight because of the pros and cons of bitcoin.
Bitcoin will not be a threat to Fiat. Fiat and Bitcoin can go hand in hand and have their respective functions.
So some developing countries or developed countries can choose what to do. adopt it or not, it depends on each regulation without having to go to war.
It must be remembered that states can decide to legalize cryptocurrencies, but they will not actively support cryptocurrencies. Cryptocurrency is needed to a greater extent by people, but not by states. Therefore, the states will definitely not fight among themselves because of the cryptocurrency. People can protest against their government's decisions regarding cryptocurrencies, and this confrontation can be long.
sr. member
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February 18, 2022, 10:07:20 AM
#41
@BenjaminGlover i don't think it possible to happen in my personal opinion because surely people will still choose the traditional currency than bitcoin no matter what happen especially government. And its not necessarily to make war because it's useless wherein the decisions still depends on our government.
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February 18, 2022, 08:54:41 AM
#40
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 don't think too far as you said, because currently the battle is clearly just a discourse to give control that the country needs to be taken into account, but in the future nothing will happen because diplomacy between countries will be able to solve any trivial problems. I don't think this is a global threat to be feared excessively.
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February 17, 2022, 12:53:45 PM
#39
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.
No there is not going to be anything as such, I think every country is free to do whatever pleases them when it comes to accepting Bitcoin or not. I don’t see the reason why any country would pick up a fight or a war against a neighboring country just because they are accepting Bitcoin or they are against it. So, every country is free to decide for themselves, if their government wants cryptocurrency to be legal and allow people to make use of it, then it would be like that for them, and if their government also doesn’t want it to be a legal asset or currency in their country, then it’s also their business.
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February 16, 2022, 04:46:45 PM
#38
Quote
You should write fictional story.

I think Op is seeing the future and anything can happen on earth if some of Nostradamus critic stories happened then, I think that something similar to what Op just stated can also come to past if the government starts to notice that the world is heading to a one currency era where the whole world circulates at one currency the cryptocurrency and the whales getting unexpected power. It sounds funny, but fiction always sounds funny but, when it comes to play people will refer back to when it was stated by someone in the forum. Definitely, non of us will be here to testify if such a war later happened on Earth though.
legendary
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February 16, 2022, 01:41:03 PM
#37
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.
Yes, countries can never go to war with each other just because of their stance on Bitcoin. The only thing would be between the government and the people, the government in some countries might choose not to accept cryptocurrency, but the people in those countries would fight back and still continue to make use of cryptocurrency even after the government have decided to ban it. Just like we have seen in some countries as of recent.

Take for example in Nigeria when the government banned cryptocurrency in the country, people still continued to make use of it and switched to decentralized exchanges. With the help of decentralized exchanges they were able to continue buying and selling Bitcoin without the government being able to interfere in it.
sr. member
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February 15, 2022, 06:07:53 PM
#36
The whole world is trying their best to move to peace and live in peace. Even the ones that are having problems and war are going into peace accord. I don't think that any body or any government will be interested to fight a war because of bitcoin. Assuming Bitcoin is own by a particular country the war might come as country vs country. Assuming Satoshi is known now it will be possible to be fighting Satoshi and his country men. Now that Bitcoin does not belong to anyone how will the fight happen and who will be fighting against who? There will be nothing like international war because of bitcoin.

The scope of bitcoin is global like no country is the sole owner of this technology. So yes, I don't think bitcoin war will happen. And I don't think Satoshi will finally disclose his identity and side for a particular country. This scenario is unlikely to happen because of so many reasons. Also, humanity is trying to find peace as much as possible. We have other problems like climate change, pollution or hunger to tackle with.
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February 15, 2022, 05:30:05 PM
#35
The whole world is trying their best to move to peace and live in peace. Even the ones that are having problems and war are going into peace accord. I don't think that any body or any government will be interested to fight a war because of bitcoin. Assuming Bitcoin is own by a particular country the war might come as country vs country. Assuming Satoshi is known now it will be possible to be fighting Satoshi and his country men. Now that Bitcoin does not belong to anyone how will the fight happen and who will be fighting against who? There will be nothing like international war because of bitcoin.
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February 15, 2022, 02:46:51 PM
#34

Do you anticipate a future in which there is a large-scale battle between pro-and anti-Bitcoin nations?
I've never read about a large-scale battle over any kind of currency in history but that doesn't mean it never happened before. Currency are means of exchange and it will difficult to imagine such a scenario. Bitcoin was not built to replace fiat currency in my opinion rather to facilitate p2p txs between parties who don't want government interference.
Bitcoin can not be forced on any nation either now or in the future because it was not built to enjoy government backing.
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February 15, 2022, 02:00:53 PM
#33
So we have a marvel-like ending...or DC at its darkest and weirdest. But regardless of that we have them together in a fight for the good.

I do not understand what the conflicting probitcoin countries have to do with those who oppose its use, today we are in the retrograde thinking of wars and confrontations, but I think that in the long term this type of thinking must change for the good of existence, although this somewhat utopian thought is not even seen in the near future when we have the world at the gates of a war due to differences in persistent ideas of individuals and not of groups (the people), nobody in their right mind wants a war.

Based on the foregoing, without a doubt, any principle of success capitalized on hegemony, dominance and control, questions powerful third parties who, by not having that access or losing leadership due to the use of a technology such as bitcoin, consider brute force. But come on, for now that's just a guess in the mind of someone who watches a lot of streaming on disney plus. (imo).
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February 15, 2022, 01:24:42 PM
#32
Using bitcoin or adopting bitcoin is a choice that can be taken or not. If the cons with bitcoin might just ban it without having to fight because of the pros and cons of bitcoin.
Bitcoin will not be a threat to Fiat. Fiat and Bitcoin can go hand in hand and have their respective functions.
So some developing countries or developed countries can choose what to do. adopt it or not, it depends on each regulation without having to go to war.
Bitcoin will never compete or replace fiat in the long run so there's no valid reason that everything will end up in a war between pro bitcoin and anti bitcoin. Its only invented as an asset or investment, and if the government accept it, it will be a great option for fiat. But if not, it will always retain as a good investment. Bitcoin as part of cryptocurrencies, may be considered as the biggest financial innovation of the century, but each country has their own view about that so they are free to decide whether to accept it or not.
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February 15, 2022, 12:53:14 PM
#31
Using bitcoin or adopting bitcoin is a choice that can be taken or not. If the cons with bitcoin might just ban it without having to fight because of the pros and cons of bitcoin.
Bitcoin will not be a threat to Fiat. Fiat and Bitcoin can go hand in hand and have their respective functions.
So some developing countries or developed countries can choose what to do. adopt it or not, it depends on each regulation without having to go to war.
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February 15, 2022, 12:37:18 PM
#30
Countries going in political war is pretty much it for most times and they are generally not going to take it that far for something as trivial as a currency, there can definitely be nations and banks opposing the situations, for example in El Salvador as well, they were refused the loans by banks if they did not go back on their whole bitcoin economy decision. This is the kind of control that might be forced on some nations. But war is quite a bit word. Political, economical things can be very well be solved by simple laws and chats which is quite preferable
 
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February 15, 2022, 11:18:37 AM
#29
I doubt that such a scenario could happen sooner or later.
According to the human history, wars are made for energy resources including foods. Bitcoin and other forms of symbolic value like bitcoin and paper money are not resources of energy. In addition to the fact that anti-bitcoin nations (if any) won't be that dumb to start a war against those using bitcoin ; at worst scenarios they can apply sanctions but i also doubt it to happen.
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February 15, 2022, 11:12:44 AM
#28
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!
Grin Are you thinking that there might be a time when countries go to war because of Bitcoin Shocked Neh, that is not happening regardless of how wants to adopt Bitcoin as a legal tender or not or even those that just accept to allow its trade as an asset even if not as a legal tender. I don't think Bitcoin is that type of asset that can lead to that and besides, how many percentage is left to mine anyways that they will want to fight over.
legendary
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February 15, 2022, 10:43:44 AM
#27
Not a war, but the pro Bitcoin countries will see increased wealth, such as El Salvador.
If there comes a world crisis, product of the collapse of the USD and other FIATs, this might become more evident. Could it cause some jealously enough to warrant war? I doubt it, but who knows.
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February 15, 2022, 01:28:48 AM
#26
What do you mean by "large scale battle"?Do you mean a real war?No,I don't think so.
Even the so called "pro-Bitcoin" countries aren't that "pro-Bitcoin"(maybe except El Salvador).
They are more like neutral and liberal towards Bitcoin and cryptocurrencies,but that doesn't mean that they actually like Bitcoin/crypto.No country in the world would bother fighting for Bitcoin.
There's always a possibility for the pro-Bitcoin countries to become anti-Bitcoin.
El Salvador turned into a pro-Bitcoin country only because the president of El Salvador is a hardcore Bitcoin maximalist,not because the people of El Salvador are really fascinated of Bitcoin.
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February 15, 2022, 01:08:58 AM
#25
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!
Why would countries need to have battle after realizing that crypto (bitcoin) will bring help to their country and economy?

I'm sure they will be adopting this than battling for this.

Bitcoin maybe still in process of acceptance but most of the countries that had realized that is now making their way investing here.
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February 15, 2022, 12:30:05 AM
#24
You hear too much about that but you may not search for the other news.
Maybe there is a pro and anti-bitcoin, but that does not mean there is a large-scale battle that can happen.
So far, bitcoin can be traded in many countries and many people already use bitcoin without a problem, although maybe some people can use bitcoin as other people.
But that does not mean we will face a big battle between pro and anti-bitcoin.
So I advise you to calm down and not just trust the source of what you read but search for more information will be better than filtering everything.
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February 14, 2022, 11:36:00 PM
#23
No, I don't think there will be such a war. It would be pointless. If we have different states where cryptocurrency will be allowed or prohibited, there is no point in fighting between them. The state in which the cryptocurrency is legalized will benefit from its circulation on its territory and it will be practically indifferent to it how the cryptocurrency is treated nearby. Also, the state in which cryptocurrency is prohibited for circulation will not lose anything. I see no point in starting a war with those states that have allowed cryptocurrency. Unrest can be within the state if the people are infringed on the right to use cryptocurrency.
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February 14, 2022, 11:29:52 PM
#22
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!

Why would there would be a war between those nation who accept bitcoins and those who do not accept bitcoins ?

This is the internal countires descsion and it has nothing to do with the outside world. However in order to build pressure on those who legalizes bitcoins, the other anti bitcoin nations may try to enforce sactions on them through international monetary department.  Even if there is a war, it wont be a  physical one.
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February 14, 2022, 11:02:58 PM
#21
No, that'd be pretty dumb. I mean, they can just let them do what they want to do, It's not like being anti Bitcoin requires you to destroy every remnant of it from existence, just don't use it, pretty sure it won't affect you. Plus, wars would probably be a last resort kind of thing in situations where it actually makes sense, a fight between pro and anti Bitcoin isn't one of them. If wars were started over stuff like that, we would've had a LOT of wars already just because of the fact that different countries use different fiats (or even different beliefs,religions, etc.)
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February 14, 2022, 10:54:57 PM
#20
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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February 14, 2022, 10:08:31 PM
#19
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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February 14, 2022, 09:05:52 PM
#18
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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February 14, 2022, 04:10:46 PM
#17
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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February 14, 2022, 11:07:50 AM
#16
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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February 14, 2022, 10:41:19 AM
#15
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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February 14, 2022, 10:26:28 AM
#14
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
legendary
Activity: 2436
Merit: 1362
February 14, 2022, 09:56:08 AM
#13
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.
hero member
Activity: 1974
Merit: 586
Free Crypto Faucet in Trustdice
February 14, 2022, 09:44:32 AM
#12
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.
legendary
Activity: 2128
Merit: 1775
February 14, 2022, 09:11:40 AM
#11
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.
hero member
Activity: 2716
Merit: 552
February 14, 2022, 07:32:52 AM
#10
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.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
February 14, 2022, 07:14:09 AM
#9
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.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
February 14, 2022, 07:11:14 AM
#8
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.
hero member
Activity: 1974
Merit: 534
February 14, 2022, 07:11:04 AM
#7

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.
legendary
Activity: 3080
Merit: 1500
February 14, 2022, 07:02:50 AM
#6
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!
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
February 14, 2022, 07:00:14 AM
#5
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
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
February 14, 2022, 06:58:06 AM
#4
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.
hero member
Activity: 1204
Merit: 539
February 14, 2022, 06:30:59 AM
#3
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?
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
February 14, 2022, 06:28:21 AM
#2
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.
newbie
Activity: 22
Merit: 4
February 14, 2022, 06:17:04 AM
#1
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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