91 sats \ 4 replies \ @mango 4 Mar \ parent \ on: Stacker Saloon
"systems-thinking"
True. Understanding fiat banking at a system level one can fairly conclude it is a ticking time bomb.
Agree, most people get repelled when they realize bitcoin is anti-state. Their assumption being Anti-state => Anarchy => Violence and disorder.
P.S. Are you an engineer as well? I am.
Yeah, sorta! My roots are in physics really but I've transitioned to engineering and software over the years.
I have noticed less physicists than engineers in the Bitcoin ecosystem (although I have noticed some on SN!). Both disciplines promote finding simple, elegant solutions to complicated problems and that's basically what Bitcoin is. It really "clicked" for me when I thought of Bitcoin as an economic constant, and how ridiculous any economic system must be without constants / ground truths.
An appreciation of thinking in terms of exponentials / log scales certainly helps too.
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"economic constant" Truth!!
First time I heard of bitcoin was coincidentally on the same week as I was researching on password hashing practices for user login info. back in 2010/2011 on a chess website troll room. I got into bitcoin.org and figured it was internet money built similar to torrent and was amused. But it never crossed my mind that it was relevant to me as i was not an online shopper and back then i wasn't even using online banking. Had no clue about central banking scam nor what money actually meant.
Poor and naive normie mango.
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There is a huge premium to buy sats here. >5% in kyc exchanges. 10-15% P2P it is mostly because of capital control laws by the govt. official usd-inr exchange rate is 83inr/usd. however usdt trades at 92inr/usdt.
People in general(no-coiners) view it like any other place. crazy made up internet money used by black marketers and hackers. Plenty of shitcoiners too.
Most have btc/shitcoins bought in exchange and keep it there in the hope of an exit.
However I've observed a drastic increase in bitcoiners over the years who 'get it'.
Most people here are statists. But thanks to the internet, there does exist a ground up antistate culture only likely to grow over time.
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