Why the rise of a Bitcoin standard could deter war-making

The CSO at the Human Rights Foundation, says that if Bitcoin was adopted as a global reserve currency,

Nation-states would be less incentivized to start wars.

The U.S. was able to sustain its "forever wars" in Iraq and Afghanistan mainly by borrowing capital

That was possible largely because of the Federal Reserve's monetary policy, which has been keeping interest rates relatively low through quantitative easing

Bitcoin's total supply is immutable

That means that if nations adopted it as their main reserve, interest rates on borrowed capital would be much higher

According to Gladstein, would make unpopular wars harder to sustain for governments

The Russia-Ukrainian conflict culd trigger the decline of the U.S. dollar as the dominant reserve currency

Nation states are looking to reduce their dependency on the greenback after the U.S. froze Russia's dollar-denominated reserve in response to its attack on Ukraine