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jallen_dot_dev | 2 years ago

> Bitcoin replaces these things with servers and decentralization.

This is totally absurd. We would still need police and military even if the USD stopped existing and we switched over to Bitcoin. You cannot replace them with servers because servers can't protect a nation or enforce laws.

> The fact they do other things is not important.

It is important, because it means they must exist anyway. So it makes no sense to factor in their cost if the cost would still need to be paid regardless of which financial system we use.

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yellowapple|2 years ago

> We would still need police and military even if the USD stopped existing and we switched over to Bitcoin.

We would need less of them.

jallen_dot_dev|2 years ago

I don't think so. It's not like we have a branch of the military dedicated solely to maintaining the dominance of the USD. It protects our national security interests as a whole. The fact that it also scares everyone into using the dollar is just a bonus.

And while there are police dedicated to investigating financial crimes involving dollars today, we would still have them. They'd just be investigating crimes involving BTC.