Sound money incentivises saving and investing, which in turn creates ethical incentives for a free economy. Understanding #Bitcoin moves us to think about the future; sacrificing and postponing gratification today allows us to reap greater rewards tomorrow.
Agreed. Money is a psycho-technology that forms a base layer of our cognition, like literacy, or mathematics. The more we background ideas, the less we notice how much they influence us. So many people don’t realize how corrupted the money layer of their cognition is.
The less sound the money is, the less oriented toward truth that base layer of cognition is. Culture is a product of the many layers that form our cognition.
#Bitcoin affords long term thinking and multi-generational projects, whereas fiat enables decay.
Yes, you can see the consequences of broken money everywhere in our society. Broken money = broken incentives = broken, unethical and immoral society. Watching the West currently is like reading a history book about the fall of Rome.
