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430 sats \ 2 replies \ @SpaceHodler 14 Nov 2023 \ on: Does Bitcoin solve the problem of greed/avarice ? bitcoin
They say wealth has diminishing returns, i.e. past a certain point it doesn't make your life much better. So if bitcoin helps you build wealth, it can make you less greedy over time, because your needs are met and you're not as vehement about accumulating more. Instead, you may value other things more, like friendship, family etc.
This is a really good point towards "fix the money, fix the world."
Fiat encourages consumption and suppresses saving, which pushes everyone in the direction of a greedy mindset, i.e. never having enough.
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This. Time is our most valuable asset as human. Health is the ultimate wealth! Spend is wisely!
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