Oddbean new post about | logout
 The Reality.

Before Money, Barter was the exchange of  things but was rated in Human Empathy.

Money removed that Human Empathy part of the exchange, because it was not perfect Information that recorded exactly the Human Empathy part of exchange.

That was Commodity Money.  Since the 1970's Fiat Currency money because globally used, that further removed that Human Empathy exchange.

People game system's, so that opened Pandora's Box, you can have everything at no cost.  If you can game the system with no cost, you have the perfect environment for fast breeding Psychopaths to win.  Empathy holds others back.

Politicians from Vanity to Psychopaths can promise everything and deliver nothing.  Psychopathic lawyers become heads of Government's, Councils, Mayor's and big Institutions and Non-Government  Organisations etc et cetera.

The nett result of the loss of exchanging Pure Human Empathy is living life backward to those who cherish the exchange of Human Empathy.

As such, Gender Attacked, Family Attacked, Childhood Attacked, Religion Attacked, Property Attacked, Opinion Attacked, Home Attacked, Privacy Attacked etc et cetera.

Bitcoin goes right back to what I said at the start and further, it's the exchange of Pure Human Empathy before people even thought to write about how a God could do this better.

If you don't think that chasing Fiat Currency is Religion of living backwards, then my friends, your minds have gone.