Damus
Five profile picture
Five
The same inherently insecure architecture that fiat money is.

Users take responsibility and bear consequences = insecure short term, secure longterm

Fiat institutions control almost everything giving little to no responsibility to users = secure short term, insecure longterm

Easy money + centrally controlled identity = weak society, no security, no trust, no abundance.

Hard money + cryptographic identity = strong individuals and society, security, high trust and prosperity