Global Feed Post Login
Replying to Avatar sperry

Here is the context:

"Bitcoin is conservative:

I often hear the argument made that Bitcoin is libertarian, but Bitcoin is also the most conservative asset ever to exist.

21 million forever, no free rides, proof of work only.

I don't use conservative in the mainstream political sense. I use it in the form of Conservation of Natural Resources.

●Of preventing the tragedy of the commons.

●Of preserving the current over endless performative progress.

●Saving for the future instead of spending in the now.

●Discouraging debt and encouraging quality.

These are all ideals of a conservative culture. It is no accident that so many bitcoiners identify Bitcoin as the Christian ideal of money.

Bitcoin is conservative Fiat is Progressive."

Avatar
MAHDOOD 4mo ago

What do you mean by progressive since you’re not referring to the political sense

Reply to this note

Please Login to reply.

Discussion

Avatar
sperry 4mo ago

not my post, snd it's much more in depth than this little snippet, but perhaps he means "progressively worse" 😂 Fiat taints everything.

Thread collapsed