Greed has negative consequences under a fiat system, but the incentive is actually quite good in bitcoin, since your hoard of cash decreed or increases in value, respectively.
Bitcoin does (or will) heal a lot of the other motives of greed, though, since you can't print it and thus can't fractionally lend it, but I won't say it solves avarice, since that's a human heart issue.
James Lewis
npub1nf…pxa3x
2024-07-12 14:00:30
in reply to nevent1q…9stc
Author Public Key
npub1nf9vm6uhs4j7yaysmjn9eqlf7et5t6hvrkdqgpd995vcc9yfjyas0pxa3xPublished at
2024-07-12 14:00:30Event JSON
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"content": "Greed has negative consequences under a fiat system, but the incentive is actually quite good in bitcoin, since your hoard of cash decreed or increases in value, respectively.\n\nBitcoin does (or will) heal a lot of the other motives of greed, though, since you can't print it and thus can't fractionally lend it, but I won't say it solves avarice, since that's a human heart issue.",
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