telluride on Nostr: Incentive theory. People are only as good as their incentives. -He’s worth so much ...
Incentive theory.
People are only as good as their incentives.
-He’s worth so much that his values are becoming skewed. A lot of what he says now is deliberately careful. For example He knows that referring to BTC as money puts him at risk from harsh govt regulations (think Tornado cash) so he goes out of his way to say btc is a commodity, not currency. We all know btc is the most fungible commodity ever so it’s definitely a currency.
I love the guy but people need to be prepared for the day when he does something that lets us down.
People are only as good as their incentives.
-He’s worth so much that his values are becoming skewed. A lot of what he says now is deliberately careful. For example He knows that referring to BTC as money puts him at risk from harsh govt regulations (think Tornado cash) so he goes out of his way to say btc is a commodity, not currency. We all know btc is the most fungible commodity ever so it’s definitely a currency.
I love the guy but people need to be prepared for the day when he does something that lets us down.