Over the past century, governments all over the world have been involved in at least one-quarter of a billion deaths, according to various statistics from think-tanks and universities. This is defined as democide and governments in each corner of the globe have been complicit in wide ranging murders from Hitler’s Germany to the West’s war in Vietnam.
If the international community were to adopt bitcoin then governments would cease waging wars because of a variety of reasons, according to Roger Ver, a so-called Bitcoin evangelist and entrepreneur.
Delivering a presentation in Singapore entitled “Why Bitcoin Is Important for the World,” Ver presented the case that much of the strife that occurs across the globe is primarily financial. Fiat currency, says Ver, is the major cause of governments’ affinity for initiating wars or intervening into the domestic affairs of a sovereign nation.
“Not only do they control [fiat], they can print as much of it as they want at any time. . . I see the United States Government printing money like crazy and then they use that money to buy all sorts of tanks and bombs and airplanes and murder people all over the world. . . all that is being paid for by printing money,” said Ver.
In the event that nations do indeed adopt the peer-to-peer decentralized virtual currency then officials would have to operate a government within the confines of a limited money supply – there are only 21 million bitcoins available to mine. This would prevent leaders from launching a war due to a paucity of available funds.
“With bitcoin, there is a limited supply, that sort of thing can’t happen,” noted Ver.
We reported in May that Ver made another important prediction: Amazon will soon accept bitcoin as a method of payment sometime this year, even though the juggernaut Internet retailer has confirmed that it would not be doing so. Ver added that soon businesses will be offering discounts to customers for paying for their goods or services in bitcoin rather than credit cards.
