84 sats \ 1 reply \ @elvismercury OP 7 Nov 2023 \ parent \ on: Some thoughts on the game theory that results from btc wealth bitcoin
So to recap your logic:
  • a btc standard will result in broader wealth creation
  • if people are more broadly wealthy, and perhaps more hopeful about the prospects of getting ahead in the world, there will be less crime
  • therefore issues I've described will become less relevant over time
That makes sense. However, there's still the issue of the period of time before those new conditions take hold -- as you put it, in the next 20-30 years. How things unfold in that time period is my main area of interest.
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173 sats \ 0 replies \ @birdeye21 7 Nov 2023
Yep. i think as long as we're still psychologically driven by fiat not much will change in that arena. Not sure how we're gonna approach it...but that's why it's so critical to be extra cautionary with your bitcoin's safety today
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