How Fiat Currency Enabled the War in Afghanistan
BY SIMPLY BITCOIN
Recap of everything Bitcoin: Weekend Edition
► History doesn’t repeat itself but it often rhymes. Like the fall of Saigon in 1975 decades later the US found itself in almost the same exact situation. Air evacuating US embassy personal last second while the city of Kabul fell in days to the Taliban. These endless wars will never stop until we separate the money from state. The unlimited money has enabled politicians to pay for any war or policy while enriching the military industrial complex. The US will find itself in another war because fiat makes war affordable & profitable. Bitcoin makes war expensive. 1971 Richard Nixon took the U.S. off the gold standard, now 50 years later on the birthday of fiat money – the Biden Administration claims of zero parallels between U.S. withdrawals from Afghanistan and Vietnam are proved wrong as the Taliban take over Afghanistan. WE MUST SEPARATE MONEY FROM STATE, PEACE DEPENDS ON IT.
► Mark Cuban says Dogecoin is the “strongest” cryptocurrency as a medium of exchange… continuing to say that with BTC you have too much concentration of wealth with whales?!? Join us in fact checking these statements… the numbers don’t lie!
BTC Daily News Sources
THE FALL OF KABUL
LAST MONTH, President Joe Biden announced that America’s “military mission in Afghanistan will conclude on August 31st.” In the time since the July 8 statement, a Taliban offensive has overrun city after city across the country. On Sunday, the militant group entered the Afghan capital of Kabul, and several countries, including the United States, began to evacuate their embassies. As reports emerged that the Taliban had seized the presidential palace, Afghan President Ashraf Ghani fled the country.
50th Anniversary of Nixon shock. The Saigon 2.0 events of today perfectly captures 50 years of fiat.— Stacy Herbert (@stacyherbert) August 15, 2021
The Pentagon has now fucked up two wars in a row and wasted trillions with no career consequences for failure, and not even much Congressional interest in what went wrong. The same pattern extends to prohibitively costly dead-end weapons programs. There’s no way to fail at DoD— Pinboard (@Pinboard) August 14, 2021
Taliban fighters posing with US weapons in a base they just captured easily. This is what we spent a trillion dollars on! pic.twitter.com/OpWoKI66ur— Gravel Institute (@GravelInstitute) August 14, 2021
Some folks say that the global reserve currency can’t change without a war.— Lyn Alden (@LynAldenContact) August 15, 2021
However, the US spent trillions of $ to lose a 20-year kinetic war in Afghanistan and Iraq, while also de-industrializing itself with its approach to trade to benefit US corporations over the US public. https://t.co/xCfxNWyTI6 pic.twitter.com/bckclfOgBc
My heart breaks into pieces for my people who have lined up outside the banks to cash their savings and waiting at the gates foreign embassies to secure visas to leave. #Afghanistanisburning #Afganistan #Kabul pic.twitter.com/FfKsYiXRLa— Sharif Hassan (@MSharif1990) August 15, 2021
The insanity of forever wars ends under a Bitcoin standard. https://t.co/sGEY1S6bbM— Alex Gladstein 🌋 (@gladstein) August 15, 2021
Jason Lowery’s Article
Thanks everyone for all the awesome feedback on this potential thesis topic! Please attack this chain of logic so I can make sure I have a sound argument: War is the globally adopted Proof-of-Work social consensus protocol that nodes (countries) use to validate the legitimate state of property and its chain of custody. Militaries project force across time (i.e. energy) in a fundamental game of probability to trigger a capitulation event. This is functionally identical to Bitcoin PoW miners projecting energy to probabilistically trigger the end of each block…….
Who Controls Bitcoin Core?
The question of who controls the ability to merge code changes into Bitcoin Core’s GitHub repository tends to come up on a recurring basis. This has been cited as a “central point of control” of the Bitcoin protocol by various parties over the years, but I argue that the question itself is a red herring that stems from an authoritarian perspective — this model does not apply to Bitcoin. It’s certainly not obvious to a layman as to why that is the case, thus the goal of this article is to explain how Bitcoin Core operates and, at a higher level, how the Bitcoin protocol itself evolves.
ZAP DESKTOP V0.7.4-BETA Released
- deps: update dependency debug to v4.3.2 (853c9b9)
- deps: update dependency lodash to v4.17.21 [security] (5a83237)
- lnd: update log parsing to detect neutrino wallet state (1e506a3)
Daily Fail Sources, shoutout:
Never. Finite supply / Scarcity only works for Stores of Value like BTC. Which is one of the reasons BTC will always struggle to be a currency.— Mark Cuban (@mcuban) August 14, 2021
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