What is Nostr?
John Balkam
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2024-11-30 16:06:11

John Balkam on Nostr: We can't expect everyone to be saints, just for the sake of being virtuous. Most ...

We can't expect everyone to be saints, just for the sake of being virtuous.

Most people are driven by incentives. We need to incentivize individuals to be virtuous if we want to have a mostly virtuous society.

Enter #Bitcoin. A hard money that is hard to confiscate and impossible to inflate.

Bitcoin incentivizes the average holder to be virtuous. That is, to be productive, save their money, lower their time preference, and build up their purchasing power over time.

With Bitcoin we can incentivize virtuous behavior. And we can stamp out the institutionalized corruption of individuals and groups that comes with a fiat money paradigm. Clown world dissolves slowly but surely.

Bitcoin does not force you to become a saint, but it does incentivize you to become a better version of yourself.
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