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Best option would be a bitcoin blockchain connected to government run internal blockchain (or similar) systems. That would offload huge amount of trivial transactions, simplify current archaic internal systems and reduce effectiveness of using sanctions for economic wars - which can easily turn to hot wars otherwise.

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Sanctions are a non-violent escape valve for realpolitik. Taking sanctions of the table makes hot wars more likely.

The Iraq sanctions didn't prevent the Iraq war. Sanctions are the staging ground for war. They eliminate domestic stakeholders in the enemy country, reducing domestic opposition to a hot war.

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