Let's be honest and admit Portnoy is right that the vast majority of bitcoiners own bitcoin to increase their wealth. The fact that bitcoin helps others is a bonus, but bitcoin wouldn't be nearly as popular if it didn't protect your wealth.
Bitcoin's incentive structure was built to take advantage of human greed. All bitcoin holders benefit from the greed of others whether they're living in an undeveloped country or in the west and have a billion dollars.
HubrisHound / Hubris Hound
npub1xf…nzuv6
2023-08-24 01:54:16
Author Public Key
npub1xf528sste6vngy5whc8w9gjl3l5vm4u54ry84w7a9y0nnhkmvtfsfnzuv6Published at
2023-08-24 01:54:16Event JSON
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"content": "Let's be honest and admit Portnoy is right that the vast majority of bitcoiners own bitcoin to increase their wealth. The fact that bitcoin helps others is a bonus, but bitcoin wouldn't be nearly as popular if it didn't protect your wealth.\n\nBitcoin's incentive structure was built to take advantage of human greed. All bitcoin holders benefit from the greed of others whether they're living in an undeveloped country or in the west and have a billion dollars.",
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