One of my friends who is most friendly to the idea of bitcoin stops short in her understanding and curiosity because she has read "Sacred Economics" by Charles Eisenstein, who argues for a gift economy wherein no one owns anything, ledgers are superfluous, trade is personal. She is red pilled in everything else, so she knows how bad things are. What would you say in loving rebuttal to this person? Gift economy to me is pretty ridiculous, given what I know of human nature and captured incentives. However, I understand her yearning for return to community and local responsibility and true value. There's something there, I'm curious how someone else would articulate an argument.
I recommend giving this book a look over, too. I have, and I bounce between total disagreement and "ugh you almost got it!". But I don't have a good defense against it. Anyone else?
Sounds like someone who didn't grow up with a sibling they had to share a room with their whole life, with a fridge that wasn't always empty, competing with the other sibling for who can eat more now, because if they tried eating later, they'd just be screwing themselves.
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Define "gift economy".
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