Oddbean new post about login | logout So Bitcoin only works if people put unnatural amounts of effort into it? Communism would work too, if everyone were an angel
That’s a great strawman that neither distinguishes why those or different, or that what I am proposing is directly in line with the incentives of the system, which is why it *does* work. There was never a world where Bitcoin works without people. To the contrary, it works *because* it aligns the incentives of the system with the incentives of the individual. Where communism does the exact opposite, it puts them perfectly in contradiction to each other.