mulecolt on Nostr: Humans are herd animals who depend on social trust structures to survive. Maybe you ...
Humans are herd animals who depend on social trust structures to survive. Maybe you can point me to a time in history over the past 5,000 years of recorded history where this wasn’t true outside of brief periods of total societal collapse, in which basic survival becomes the goal not wealth preservation. Even after these periods social structures and institutions reformed as soon as possible. If bitcoin is the base monetary technology there will still be institutions built around it and the rule of law will govern taxation and economic policy. I think bitcoin is a giant leap forward in how humans transfer value, but given the choice of trusting institutions over themselves, humans will always trust the institutions. It’s my hope bitcoin will build better, more reliable and equitable institutions. Maybe we’re saying the same thing. I just know a lot of bitcoiners think men will become islands unto themselves, so to speak, and that’s where I think it’s a bet on human nature changing. I’ll always take the other side of that bet.
Published at
2024-11-05 13:06:52Event JSON
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