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by Capira
1521 days ago
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It took me quite a while to understand what Bitcoin is about. Of course, decentralised systems are exciting tech, but what's really interesting is that Bitcoin focuses attention onto fundamental questions of society: - How can we transport value through space at the speed of light? - How can we transport value through time? - How can we protect our life savings from inflation? - How can we develop a free market of currencies which solves the issues of centrally controlled currencies? - How can we align incentives such that we stop consuming low quality products that produce lots of waste and start valuing high quality products that last for decades? - In general: How can we, as a society, enjoy the benefits of a low time preference? Such questions are the reason why I believe Bitcoin is one of the most disruptive technologies of our century. |
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