In the same way it was financed when the standard was gold. Spending only what can be spent without generating debt for future generations to pay. Obviously, this means reducing expenditure, since spending can only match what citizens are willing to pay, not through debt. Perhaps in this way, the state would focus solely on what it should: defense, security, and justice. The rest could be left to the free market, which would provide more efficient and cheaper services, giving citizens the choice. #Bitcoin