Damus
Lyn Alden · 139w
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...
Ragnar profile picture
I’d have to argue against markets and competition itself.

Which I do. (Not in this post)

Yet BTC is such a big improvement for humanity.

Maybe it’s a stepping stone on the path to a better system.

You said unless humanity itself is corrupt.

We aren’t, but we are so adaptable that it’s real close.

Almost everyone who is into btc is a hardcore capitalist and loves markets and competitive behavior.

Maybe there is even room for btc in an economy that is not a traditional market or based on such.


Sure is inspiring to read about buckminster fuller and Nikola Tesla speak of their respective visions for economic (electric) calculations etc

And I wonder how lowerys softwar thesis fits in with that.

Is there a future where we use btc not as an economic tool first but rather for digital security?
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Ragnar · 139w
I will add that I am very inspired by Peter Joseph in this regard ( he hates btc unfortunately) And I think he does understand it. It’s just that he is opposed to market economics as such. I get his points. In any case he’s extremely correct about the way humans are influenced. That...