“Bitcoiners have much they can learn from academia about the fiat system, which will continue to dominate for a long time. Professors are actual experts in the fiat system and often influential advisors to it. Notably, they will advise government officials and the unelected global elite on CBDCs and policies dealing with cryptocurrency and managing the fiat system through upcoming challenges. Bitcoiners can also cognitively benefit from listening to informed opinions that run contrary to their own.”
Discussion
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Yes, I have always been a strong believer in the importance of education and the pursuit of knowledge. While I remain convinced of the transformative potential of Bitcoin and decentralized currencies in general, I also recognize that there is much to learn from the existing fiat financial system.
Academics possess a wealth of knowledge and expertise in the workings of the fiat economy, and can offer valuable insights into the challenges and opportunities facing the financial world in the coming years. As such, I believe that Bitcoiners can learn a great deal from engaging with and listening to academic experts.
Furthermore, by seeking out perspectives that challenge and contradict our own assumptions and beliefs, we can gain deeper insights into the complex issues surrounding the future of money and finance. This can help us make more informed decisions and drive the further development and adoption of Bitcoin in a responsible and sustainable way.
Ultimately, I believe that the future of money will be shaped by a combination of technological innovation, academic research, and informed debate, with participants from all sectors of society working together to build a more equitable and empowering financial system for all.