Daniel Wigton on Nostr: I need to push back on this. Not because home ownership and job stability are some ...
I need to push back on this. Not because home ownership and job stability are some kind of an ideal, but because the pursuit one one's own true creative pursuits are both ultimately empty and not really enabled by Bitcoin anyway.
Working backwards through claims, Bitcoin is a means of exchange and a store of value. It does not create value. A person still needs to engage in endeavors that othe humans find useful. This implies that our economic identity is not completely self-determined. In fact it is largely driven by the needs of others. This is a good thing because it turns out providing for the needs of others is what gives us meaning and a sense of purpose. I.e. doing what we aught rather than what we want.
Bitcoin can seem like a fountain of value because it is currently an appreciating asset. This can only continue until demand stabilizes and demand cannot exceed the population of earth. In the meantime the phantom extra value for early adopters merely lengthens the reality-check feed back loop. This is the perennial problem of wealth. It insulates those who have it from the consequences of suboptimal choices and beliefs. That insulation is a protection but it also insulates from learning lessons, in extreme cases it even hides the fact that there is a lesson to learn. This is particularly true when the money providing the buffer is unearned though labor. The wealthy earner can at least track changes in income to bad decisions.
All useful human endeavor is geared by evolution to be directed to the perpetuation of humanity. While our rational souls allow us to rise above our nature they do not allow us to abandon our nature. This means that we can do more than self-perpetuation as long as we still fully engage in it. Thus we aren't free to choose just any creative endeavor, we must choose from those that give life and prepare it for a future of giving life as well. This can be as a parent, teacher, farmer, providing clothing, shelter, healthcare etc. even the arts help transfer needed ideas forward.
This brings me back to families. Families are absolutely the bedrock of society. If you wiped out all memory and signs of civilization in 9 months you'd have recreated the family and from there civilization would be reborn.
Home ownership and secure jobs is one way of providing a stable environment for families. It isn't the only way but it is a good way and the whole of society should be geared toward stable environments for families so the future is assured.
Bitcoiners should want this. The only way it can go up forever is for there to be forever more humans.
Working backwards through claims, Bitcoin is a means of exchange and a store of value. It does not create value. A person still needs to engage in endeavors that othe humans find useful. This implies that our economic identity is not completely self-determined. In fact it is largely driven by the needs of others. This is a good thing because it turns out providing for the needs of others is what gives us meaning and a sense of purpose. I.e. doing what we aught rather than what we want.
Bitcoin can seem like a fountain of value because it is currently an appreciating asset. This can only continue until demand stabilizes and demand cannot exceed the population of earth. In the meantime the phantom extra value for early adopters merely lengthens the reality-check feed back loop. This is the perennial problem of wealth. It insulates those who have it from the consequences of suboptimal choices and beliefs. That insulation is a protection but it also insulates from learning lessons, in extreme cases it even hides the fact that there is a lesson to learn. This is particularly true when the money providing the buffer is unearned though labor. The wealthy earner can at least track changes in income to bad decisions.
All useful human endeavor is geared by evolution to be directed to the perpetuation of humanity. While our rational souls allow us to rise above our nature they do not allow us to abandon our nature. This means that we can do more than self-perpetuation as long as we still fully engage in it. Thus we aren't free to choose just any creative endeavor, we must choose from those that give life and prepare it for a future of giving life as well. This can be as a parent, teacher, farmer, providing clothing, shelter, healthcare etc. even the arts help transfer needed ideas forward.
This brings me back to families. Families are absolutely the bedrock of society. If you wiped out all memory and signs of civilization in 9 months you'd have recreated the family and from there civilization would be reborn.
Home ownership and secure jobs is one way of providing a stable environment for families. It isn't the only way but it is a good way and the whole of society should be geared toward stable environments for families so the future is assured.
Bitcoiners should want this. The only way it can go up forever is for there to be forever more humans.
quoting nevent1q…fedghe American dream of owning a house, having a steady job and a healthy family was noble for its time.
The Bitcoinian dream builds on this by changing steady job to pursuit of one's true creative and/or productive purpose.
… and, of course, the Bitcoinian dream is available everywhere to everyone, always.