The design of fiat system supports spending. The design of Bitcoin system supports saving.

And that is exactly what we need to transit from this current broken system that is based on a fairytale of never ending economic growth and resulting in consumerism. Here is the core cause of many of today’s problems including climate change. A learned compulsive spending that is encouraged by the fiat system. A Never ending material growth to compensate for our mental and emotional abandonment. Am not saying Bitcoin is a perfect technologically, but there is a great potential in the incentive structure of it. A potential that can change the mentality of people from reckless consumerism to conscientious spending of wealth.

Submitted September 18, 2020 at 11:52PM by blueprint80 https://ift.tt/3mzoIa8