> I don't see countries going to war over BTC (or the mining pool) as they already have cornered all the fiat currencies in a tight system.
I think that's the point here. Unlike BTC which is powered by Proof of Work (POW), the US Dollar is powered by Proof of Violence (POV). As a result the full accounting for the externalities caused by US dollars would have to include the cost of supporting and using the largest military industrial complex in the history of the world to protect the market for oil being denominated in US Dollars (petrodollars).
Fiat is not powered by "proof of violence" because violence is not needed for it to function. It is maintained by social contract and the threat of violence, because otherwise it could only depend on trust, and trust is very expensive, as Bitcoin proves.
I think that's the point here. Unlike BTC which is powered by Proof of Work (POW), the US Dollar is powered by Proof of Violence (POV). As a result the full accounting for the externalities caused by US dollars would have to include the cost of supporting and using the largest military industrial complex in the history of the world to protect the market for oil being denominated in US Dollars (petrodollars).