I only finally understood #Bitcoin when I understood money. And I only finally understood money when I realized that, more than anything else, money is a measuring stick.

We measure each and every thing, against each and every other thing, using that measuring stick. Even our own time and energy on this planet.

And we can not use a measuring stick that changes willy nilly and expect there to not be gross distortions in the way things are measured.

Gross distortions which lead to immeasurable suffering, in all kinds of seemingly otherwise unrelated ways.

Think abou it.. Imagine you're preparing for a race, which you think is 10km, that's what you train for. Then race day comes, and you realise that their 10km is equal to 50km in your books, because you used a different measuring stick to determine what a kilometer is.

But you have no choice, you must run.

You'd be fucked.

That's what's happening here.

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Discussion

I don’t think I’ll ever say “I understood Bitcoin”. The rabbit hole keeps getting bigger and bigger.

Wittgenstein’s Ruler popularised by Taleb also great on this.

“Unless you have confidence in the ruler’s reliability, if you use a ruler to measure a table you may also be using the table to measure the ruler.”