Replying to Avatar Moon

Yes. Uni-party culture war bullshit. It’s the distraction to keep everyone’s eyes off the money. People are so horsebroken that they’ve accepted that inflation as an unavoidable constant, or even a good thing. Once one is in this worldview, and fixing the money is “impossible” the only “progress” that can then be made is ensuring that “your team” is in charge to point the money printer at your favored identity initiatives and away from those you politically disagree with. Enrich me, impoverish my enemies!

This is great for politicians because it make the culture war an existential thing…AND they can alway blame economic backsliding on 1) not being in power or 2) the other guys obstructing things even if they are in power (and hence why they need MORE power)
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boston wine 2y ago

All good points. I wonder, periodically, how much can *actually* be fixed by fixing the money.

But then, the more I learn, the more it becomes apparent that “broken money” and problematic incentives are deeply intertwined with so many of the apparently unfixable issues.

So I have significantly more hope and sense of direction than I ever used to 🤜🤛

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Moon 2y ago

“History doesn’t repeat but men do” I don’t think Bitcoin “fixes” everything or anything in an instant magic wand kind of fashion. It just rewards better, more prosocial behaviors and those behaviors slowly compound over time to dramatic, accelerating, positive outcomes long term.

My general thesis is that at societal scale, humans operate as essentially (though not completely) rational incentive input/output machines.

So things / conditions that reward and beget prosocial behavior more than they reward or beget antisocial behaviors can generally be seen as “good.” My experience with bitcoin leads me to believe that on such a balance bitcoin would be “good,” if not very, very good.

But it is early and my experience is by no means the representation of the whole. All I can do this is try to build the future that I want to see.