Imitation can be an amazing thing. When we imitate virtue, we become more virtuous. It can also be really bad because the same can be said of vice.
But generally people will imitate what they perceive to be successful for climbing in status. Thus, a poorly incentivized system will make all society degrade and a well incentivized system will make society much better.
Fiat money is the wrong incentive at all levels.
jimmysong /
npub10v…psp42
2023-06-04 06:44:25
Author Public Key
npub10vlhsqm4qar0g42p8g3plqyktmktd8hnprew45w638xzezgja95qapsp42Published at
2023-06-04 06:44:25Event JSON
{
"id": "7f5400fe24e6491ffa870f0c06757943cbabc04971c4966393ecb77a3e2babf1",
"pubkey": "7b3f7803750746f455413a221f80965eecb69ef308f2ead1da89cc2c8912e968",
"created_at": 1685853865,
"kind": 1,
"tags": [],
"content": "Imitation can be an amazing thing. When we imitate virtue, we become more virtuous. It can also be really bad because the same can be said of vice.\n\nBut generally people will imitate what they perceive to be successful for climbing in status. Thus, a poorly incentivized system will make all society degrade and a well incentivized system will make society much better.\n\nFiat money is the wrong incentive at all levels.",
"sig": "ffd475e48d3f8ccb5c2bd46498ab4a690245df71d6dedd26b6c8b315e666ba5f46ea559b411580000df271e2127014e93a1c2fdec8813a8b6924108e1566a5ed"
}