I think sometimes the problem with very smart / specialized professionals is that they assume the economists and finance people "overseeing" the current system are just as sophisticated. Many in general have been lulled into believing Keynesian propaganda such as inflation is necessary and are hung-up on how information could ever replace currency.
They don't understand that money is information historically and its the norm to have a hard currency vs fiat when looking across human history.
I agree. There is an acceptance of systematic trust and axioms from which technical people are able to do their technical work. To start questioning these systems or the underlying principles can be difficult for an engineering-minded person to accept.
It takes a rebellious and fluid mindset to question the way things, and an old-school hacker ethos to do something about it.
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I think sometimes the problem with very smart / specialized professionals is that they assume the economists and finance people "overseeing" the current system are just as sophisticated.
Very true! I have another perfect example for this.
GMO agriculture. No matter on which of the both sides you're on. Both pro-GMO and anti-GMO people just fail to realize that the biggest impact besides biology is economic. When farmers get in more dependence of big corporations or some farmers get an advantage over other farmers. This has nothing to do with biology. Just like software developers don't get that Bitcoin is not just software.
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