Damus
Lyn Alden · 133w
I spoke at a big bitcoin-adjacent company this week and one of the best questions was from someone who asked what the downsides of bitcoin adoption might be. I always do appreciate these steelman que...
Luffy profile picture
Im a hard money proponent. But I often think of the advances humans have made due to money printing. Some advancements don't have an economical aspect to it and only governments will fund. Blue sky medical, space research, building large hadron colliders etc.

What will advancement look like on bitcoin is not clear to me but I don't think saving is necessarily good for advancing technologically.

I agree with your point on bitcoins time. We have already run the money printing experiemnent many times. Bitcoin is a well worth experiment to run.

If the only outcome of a bitcojn standard was that wars couldn't happen (ie printing = funding wars) I'd say that was a worthwhile outcome.



4🤙1
Psilocyberbull · 132w
I think the ability to directly fund whatever you're interested in will make a huge difference, especially if we're prospering individually
Hoshi · 132w
good point! I hear bitcoiners say that civilization/technology advances (like it would be a law of nature) and therefore money should increase in value. The question that I miss is: how should money be, such that it advances civilization/technology best.