WW3 and Bitcoin

This is the internet, drama and conspiracy theories are rife. the best of us hold a healthy scepticism of all the things we read here. Votes by click power, however has got to have some merit when thinking about public opinion.

A common YouTube military theme is World War Three. Brazen comparisons between the US and the Chinese or Russian militaries and secret technologies are at the top of the list. On that theme I want to explore what might happen to Bitcoin, should these ideas have any truth to them.

Financial engineering is a major factor in large scale conflicts. Where the militaries of the USA and its proposed enemies might be similar in terms of soldiers and power the United States spends a lot more on maintaining its dominance than others spend. $597 billion as compared with China's $145 billion. This is currently sustained by the US in the face of large trade deficits (484b), government indebtedness(17trillion) and a lack of foreign reserves (125b). China for one is in almost the opposite situation with a trade surplus (293b) and huge reserves (3trillion). The USA is able to do this in essence, because of worldwide support, but the numbers are huge and baffling. When did we sanction all of this spending? You have to ask why we don't feed hungry people with this money instead and how long the USA will be able to use credit from the rest of the world, so called enemies included, to continue its military dominance?

It's a strange situation which there is no one clear answer, however should it all fall apart, or should a situation like world war three come to bet, the financial engineering will surely become a problem for the USA. What is an advantage now can certainly turn around in the future under very different and very stress WW3 conditions.

There is one solution however, drop the dollar completely! A radical solution to radical paranoid conspiracies, but a solution nonetheless. With technology like bitcoin, creating an impartial world currency, there is a quick way to make the debt problem go away. The USA could inflate away its financial issues, and when it comes to payback, simply switch to bitcoin. This would erase any imbalances. I'm not saying it will happen, nor would I want to endorse such crazy violence, but to all you war mongers conspirators out there, there might be a back up plan at the pentagon. Cryptocurrency could be the latest weapon in the futures dirty financial warfare.