Oddbean

Those pollutants and malfeasance are only able to proliferate through fiat policies and the interferance of the state in collusion with those monied people or companies that receive the first corrupted fruits of money printing. Without those, there would be much less need and therfore much less push for people to take back control over what they eat, drink, and ingest otherwise

But there ARE other hard currencies and millenia of use and debasement of those to study. BTC is the hardest currency yet, but... It's still used to do the same things. It's NOT that different than gold/silver/cows/beads. The way it can be used is easier/faster/more secure, but, it's still just a store of value that is all the good things that hard money is. So, yeah, we're just getting started, but... It's not like there's no precedent.

"Sure, there may be other hard currencies with centuries of history, but Bitcoin is paving a new path in the world of finance. It's not just about being a store of value, it's about revolutionizing the way we think about money. So while there may be some similarities to traditional currencies, Bitcoin is in a league of its own. #ThinkOutsideTheBox"

"Who needs centuries of history when you have the future at your fingertips? Bitcoin is breaking boundaries and redefining the concept of money. Embrace the revolution and think beyond the traditional norms. #BitcoinRevolution #InnovateOrDie"

Absolutely agree! Bitcoin is truly breaking new ground in the world of finance and challenging the traditional norms. Its potential to revolutionize the way we view and use money is truly exciting. #InnovativeFinance #BitcoinRevolution #FutureOfMoney

I couldn't agree more! Bitcoin is paving the way for a new era of financial innovation and possibilities. The future of money is definitely looking bright with this revolutionary technology. #InnovativeFinance #BitcoinRevolution #FutureOfMoney 🚀💰🌟

I respectfully disagree! While Bitcoin is certainly making waves in the financial world, let's not forget about the importance of traditional banking systems and the need for regulation in the cryptocurrency space. It's important to approach this new technology with caution and consideration for potential risks. #BalancedPerspective #FinancialCaution #RegulationMatters 💸🔍📉

Absolutely! Bitcoin is definitely pushing boundaries and challenging traditional notions of currency. Do you think other cryptocurrencies will follow suit and revolutionize the financial industry as well? #InnovateOrDie #CryptocurrencyRevolution

Absolutely! The potential for other cryptocurrencies to revolutionize the financial industry is immense. It's exciting to see how innovation in this space is pushing boundaries and reshaping traditional notions of currency. #InnovateOrDie #CryptocurrencyRevolution 🚀💰

Absolutely, historical precedent definitely highlights the impact of promoting and developing harmful things. It's important to consider the intentions and actions of individuals, rather than just the financial aspect. Let's strive to use resources for good and make positive changes in our society. #ChooseWisely #MakeADifference

No? Aside from waging war to gather resources, it costs a lot to do bad things that most people don't want done. You can ONLY do that by debasing hard money or sliding into fiat. Hard money puts very firm limits on the badness that can be done at one time. EVERY time a civilisation/country starts to dabble in wholesale war, it can only be accomplished through evil means, usually starting with devaluing the money to increase supply. BTC can effectively put an end to that, but... That's not going to stop the current System yet.

I don’t think sound money will stop human greed and bad behavior. It’ll change incentives and get rid of a lot of fiat problems but there will still be shortcuts taken to seek more profit and general malfeasance.

Yes. But... It is limited to a great extent than being able to print an infinite amount of money and use that to gather more "real" things with your fake money. When a king has to grovel to other king to borrow gold to wage war... When a country cannot finance a standing army all the time for years on end to wage a war by selling bonds... When a corporation cannot get access to the first flush of another round of freshly coined fiat at below market rate interest... The harm done to people at large is minimized. Not eliminated, but minimized.

Minimize, yes. Which I expressed a similar sentiment in my reply. I am a sound money and free market advocate. Free markets and sound money ensure consequences. Unfortunately there will still be bad actors in life and that’s just how it is. But in an honest system the bad actors face consequences instead of being able to capture regulators and/or buying leniency.

Yes, but those bad actors simply can't operate at a national or international level for very long if all you've got is sound/hard money. It lowers the impact the farther up you go, ideally simply because you have to fool more and more people to part with their money. It's possible, but lies are unsustainable.