120 sats \ 2 replies \ @frostdragon 15 May \ parent \ on: Fiat Debases Marriage bitcoin
Came here to say something similar. Bitcoin doesn't actually fix everything, and it won't bring about utopia.
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1 sat \ 1 reply \ @_stacktoshi 15 May
No, but it should starve that inferno down the block of oxygen, and with that reduced amount of stress, we'll be able to focus on other areas of our lives to improve. It's an amoral tool, but part of its utility is how it can expose the consequences of high time preference thinking. If you could embody the benefits of low time preference behavior into a single tool, wouldn't that be Bitcoin and wouldn't it be expected to relate important aspects of life to it?
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13 sats \ 0 replies \ @frostdragon 15 May
On a marginal macro level, I think there's truth to that. But on an individual level, there's no guarantee that anyone will use the time to focus on the right things. Like, my wife and I focus on personal responsibility and managing money with the right values. A bitcoin standard might make some of that easier, but it doesn't fix our communication problems, or prevent hard financial times from coming or impacting our relationship.
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