If you have 100% crypto economy and solve the oracle problem

in #bitcoin6 years ago

If you have 100% crypto economy and solve the oracle problem, just use your entire government's treasury as collateral in a smart contract two way non aggression pact with all other countries. Then if a country engages in warfare the entire budget is burned and insta bankrupt themselves. Now you have solved world peace you can slash the defence budget and fund more progressive policies. Thank you, I will defer the Nobel prize for peace to Satoshi Nakamoto.

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