Adopting Bitcoin definitely changes people for the better. It reduces action from fear & extends people's time horizons.
It's hard to extrapolate out these effects among a small % of the population out into the masses as hyperbitcoinisation accelerates though.
There will still be a select group that has more power & wealth than others. I like to think that these individuals will operate with more morality than the current elite. That the incentives among these individuals will be towards voluntarism over slavery & the exploitation of the weak.
Among the elite, a copycat strategy becomes the most advantageous strategy. Wealth can't be accumulated long term via theft & pillaging. It can only be accumulated by producing more value to more people via voluntary exchange.
People will probably still sell their bodies and the bodies of their children but I think you'll also see a shift in culture around what's unacceptable behaviour.
I guess we'll have to wait & see. 🧡
Brisket
npub1jmy…6xcq
2024-06-29 02:33:15
in reply to nevent1q…cedv
Author Public Key
npub1jmy8weweqzckna0amz7pn0uhhkxx693l7st23829ewmu43yvjsesfp6xcqPublished at
2024-06-29 02:33:15Event JSON
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"content": "Adopting Bitcoin definitely changes people for the better. It reduces action from fear \u0026 extends people's time horizons.\n\nIt's hard to extrapolate out these effects among a small % of the population out into the masses as hyperbitcoinisation accelerates though.\n\nThere will still be a select group that has more power \u0026 wealth than others. I like to think that these individuals will operate with more morality than the current elite. That the incentives among these individuals will be towards voluntarism over slavery \u0026 the exploitation of the weak.\n\nAmong the elite, a copycat strategy becomes the most advantageous strategy. Wealth can't be accumulated long term via theft \u0026 pillaging. It can only be accumulated by producing more value to more people via voluntary exchange. \n\nPeople will probably still sell their bodies and the bodies of their children but I think you'll also see a shift in culture around what's unacceptable behaviour.\n\nI guess we'll have to wait \u0026 see. 🧡",
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