Gunya on Nostr: When you say “fiat money is the wrong incentive” some would focus on the ...
When you say “fiat money is the wrong incentive” some would focus on the “money” part of it. Whereas money is just a word denoting a way we channel value and energy from one to another.
Fiat is wrong. It is distorting, corrupting, and ultimately destroying fabric of reality.
Other incentives - happy relationships, healthy family, strong body and mind - are all good, but very hard to measure to understand how you progress.
So how do we incentives people that these good parameters strengthen, but at the same way there is a simple unit of account to measure it?
Bitcoin? Maybe, but it’s too volatile in units to which majority of people are accustomed.
We might need to find a way to make the transition from fiat to hard money possible and understandable for most. Gold? Real Estate Equivalents? Are there any other scarce assets present at all?
Fiat is wrong. It is distorting, corrupting, and ultimately destroying fabric of reality.
Other incentives - happy relationships, healthy family, strong body and mind - are all good, but very hard to measure to understand how you progress.
So how do we incentives people that these good parameters strengthen, but at the same way there is a simple unit of account to measure it?
Bitcoin? Maybe, but it’s too volatile in units to which majority of people are accustomed.
We might need to find a way to make the transition from fiat to hard money possible and understandable for most. Gold? Real Estate Equivalents? Are there any other scarce assets present at all?