In the futures AnarchoCapitalistic society with cryptocurrencies, War and Poverty will cease to exist. I will try to explain it as short as possible.
When everyone uses cryptocurrencies as a medium of exchange and as primary investment option, then its the end of Wars. Why? Let me explain.
The way war works of today, is that governments print a lot of money via the central banks, buy a lot of weapons and go to war. Its a centralized planned thing. When cryptocurrencies take over, its the end of fiat money (central bank money) as they will eventually go to zero. With cryptocurrencies its impossible to print more money as they are programmed to be decentralized and for the most part acting deflationary in one form or another. No centralized power can print unlimited cryptocurrencies and go to war and there will be no countries or states in the AnarchoCapitalistic society.
In AnarchoCapitalism with cryptocurrencies the society will be without War.
So why is it also ending poverty? Let me expain as shortly as possible.
In AnarchoCapitalism everyone that produces a good or produces a service will be rewarded with 10 times more profits than in todays statist society. Most of the profits of today go to the “so called” Illuminati, they can print unlimited money give them to themselves or their friends, popularly speaking. Underneath the tippity top there are a huge class of administrative workers and bank workers who also gets high salaries without really producing anything. Those two groups don’t exist in AnarchoCapitalism, instead the profits goes directly to those who produce. There are estimates that in an AnarchoCapitalistic society the producers earn around 10 times more than they do in todays statist society.
As an example in an AnarchoCapitalistic society a disabled person can earn a living selling water bottles in the street. So there is little need for charity, but the way charity works in the AnarchoCapitalistic society is that when everyone that is producing are earning roughly 10 times its very easy for them to give to those very few in real need. Direct charity will solve the few social problems in this new society. In other words there will be no poverty in the AnarchoCapitalistic society.
You heard it here first.
Lasse Ehlers
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