War, a state of open and declared, hostile armed conflict between states or nations, is the physical manifestation of the proof of stake consensus. Countries, acting as validators, use their stake (control through multi-faceted coercion) to validate or back up the legitimate state of property. Due to the control over nearly all property via taxation (both overt and covert), these validators, with enough staked power, have the capability to change the chain of custody to reflect the validators' preference.
Force projection is the ability to rapidly and effectively deploy and sustain military forces in distant locations beyond immediate borders. This is typically to regions where a nation's interests are in opposition to that of the sovereign regime.
Force projection is achieved through military strength. Military strength is grown through proof of stake consensus. The stronger the validator/country is made through taxation, the stronger the military is made to be able to trigger a capitulation event (new block) through violence or the threat of violence. This is fundamentally identical to any number of POS mechanisms selecting validators to create new blocks and validate transactions based on the number of cryptocurrency tokens they hold and "stake" in the network.
The reward for the validator/country that triggers a capitulation event is that other validators/countries will grant consensus to the largest validator/country to establish the legitimate ownership of property.
Therefore, since warfare can be propagated to the extent the monetary network can be debased, warfare, as we know it in modern times, is one of many proof of stake blockchains. The global reserve fiat currency will always belong to the strongest military. They were made through taxation, which is inherently a violent act ("pay us or suffer") against other actors, both nation-state and individual.
This is the natural course of the state, fiat money, and public ownership. The state must continue to grow to survive. The state will debase fiat to reallocate a greater share to itself and its (corporate) partners. Public ownership of the state increases the time preferences and incentive of state officials to extract as much value from the office as possible while time permits.
Power projection is similar to force projection, but encompasses a broader concept that extends beyond military capabilities. It is the ability to exert influence and/or assert one's interests shaping international affairs to one's benefit. This can be accomplished through economic investments, diplomacy, cultural exchanges, trade agreements, technological advancements, or humanitarian aid.
Due to their analogous functionality, militaries and staked tokens are essential to the projection of power in our Keynesian world and Proof of Stake monetary networks, respectively. The greater the military, the greater the return. The greater the staked assets, the greater the return. While individuals instinctively value Proof of Work consensus, Proof of Stake most benefits a lethargic, privileged class that values control and power over innovation and advancement. This privileged class (whether public, private, military, or industry) has a clear incentive to not adopt anything related to proof of work or their natural economic advantage would be forever ruined.
Backed by Game Theory
Fortunately for the Bitcoin Network, miners do not need public subsidies, support, or any statist intervention to operate. They only need to recognize the personal value in the incentives for securing the borderless network. The more investment to secure the network, the more block subsidies/rewards a miner can expect. No one is or should be compelled to mine or run a node lest Bitcoin loses its apolitical nature.
Bitcoin is "the money of your enemies." Because of its permissionless attribute, no individual or state actor can censor another's transaction. Any node can broadcast a transaction, and any miner can mine any transaction. Because of its immutable attribute, no individual or state actor can cycle back transactions reassign value. Russia, China, USA, Apple, Google, and any entity that comes after them can only censor themselves from the network and have no rights to define what property is or to whom it belongs.
Bitcoin incentivizes even the most nefarious of actors to participate honestly. Today, a 51% attack would cost almost $70B in hardware and must maintain a daily power cost of $55M to $85M, according to gobitcoin.io. That same actor could just participate honestly and as much as 900 bitcoin per day in this epoch. For the opportunity of a double spend or creating a counterfeit chain that everyone would leave before they had time to exchange for another asset, it is better to simply play by the rules of the network.
Limited Money, Limited War
Bitcoin mining is the physical manifestation of the end of central banking. Central banking is used as an economic method of control. For a nation state to "adopt Bitcoin", that would require renouncing critical controls which could be seen as priceless to an entity that does not generate value. After all, the USA holds 200K bitcoin and they don't show any indication of a preference for an increase in market value, but instead a strong media-led push against its adoption.
War is physical (land, air, sea, space), war is digital (cyber), and war is psychological (propaganda, terrorism, politics). War, while in the past was fought over physical resources (land, gold, oil, water), has shifted to fighting over ideals (democracy, monarchy, race, culture). This type of modern war normally manifests into total war, generally the type that is unrestricted in tactics, ends, objectives, and rules. No amount of physical goods nor the demonetization of those goods can curb the desire for this type of war because it is one of oppression and dominance rather than profit. In a world where governments do not seek or ever care about creating value, engaging in physical, digital, or psychological war is also a statist endeavor backed by money printing. Bitcoin cannot take away this desire to conquer physical elements. It can only make the act of aggressive warfare more costly.
Neither Bitcoin nor any of its attributes cannot supplant modern armed conflict. If the Yellow Hat group wishes to kill another group for the Purple Hats they wear, it will be difficult to exogenously stop that desire. However, it is the non-debaseable money that reduces the capability for imperialistic "endless war" to exist. If Yellow Hat group wishes to march on Purple Hat group in a Bitcoin standard, the costliness of war will create a limitation to how long someone could fund the campaign and incentivize the conflict to stop at its earliest possible point. If Purple Hats understand the need for defensive assets to protect themselves from assault on a multitude of fronts, it should provide the Yellow Hats a clear message they will risk their lives and scarce money for not much material gain. Hopefully this will encourage the Yellow Hats to rethink any future assaults or risk going broke for a violent virtue projection.
Hard money is beneficial to the warring actor that values defense over imperialist encroachment. The effort to invade a strong deterrence will asymmetrically drive costs to the aggressor. Limited money implies a limited expansion budget. This means Bitcoin makes war extremely costly, thus will incentivize peace, productivity, and the recognition of the scarcity of human life.
Bitcoin Places the State in Check
In a future where Bitcoin is the dominant form of money, the advantage for a country having the largest "stake" by owning the reserve currency will be lost. Force projection will become a factor of their ability to elicit value (tax) from their constituents that create value. Jurisdictional competition will drive down tax rates as value creators, not taxers, will be the driving force in society and select domains that benefit them most. This feedback loop will lower taxes. Additionally, a monetary cap will reduce the ability of the USA to project power across the world lest they overextend and create a critical weakness in the defense infrastructure.
Statism wrapped in words like “liberty”, “freedom”, “Bitcoin”, or “proof-of-work” is still statism. While it is fine to debate and opine, be cautious to not get carried away with the messenger, their background, or their apparent support for the network. This can apply to politicians seeking support from a principled voting bloc or an influencer attempting to increase their reach through word soup and confusing concepts.
There is finally a network that makes an attack on people’s property cost-inhibitive. No verbal games can take that away nor place that power in the hands of nefarious actors. Continue to defend your hearts and minds with understanding. Bitcoin makes money simple. Do not get swayed by convoluted ways to refocus or reassign ownership of Bitcoin to external or state actors. Bitcoin, as a true bearer asset, is money that you own yourself. Enjoy that privilege, build up for yourself a Bitcoin-based impregnable citadel, and leave the state to its own devices.
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