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I agree with your take here. But even during the days of hard money natural monopolies form because human time is scarce.
I think it the railroad barrons of the 19th and 20th century before the central bank was put into place in 1913 and ruined the common persons opportunity to save for the future.
But yes I believe in people being self- governing and not having the state meddling in our lives every single day.
But on the flip side I often think bitcoiners haven’t experienced the ugly side of humanity. Especially in the west. The amount of frauds and scams that go on in America today is truly disgusting. People on mass are morally bankrupt. Instead of being a nation that worshiped god it’s been replaced with money and politics and it shows.
Even in the bitcoin community I see this elite class forming. While I have nothing against clases as no two humans are a like so it’s impossible to have equal outcomes but we can still criticize the elites when they do dumb things.
But on the flip side I often think bitcoiners haven’t experienced the ugly side of humanity. Especially in the west.
Amen. I believe this is largely due to how good we have it. Unpopular opinion in the US... but I think one of the biggest reasons for US prosperity is due to the US being a late entry into WW2 and simply having the most resources at the end with the least losses of any of the powers. I think this and fairly free markets explain the boom of the 50s.
American's are very naive and are far more trusting than people from other nations in my experience. That is changing though as our culture declines in trust and shared values. We are in agreement on the shift away from God and worshiping money and politics. It has even infected the churches to a large degree.
Speaking of free markets and other factors that have led to prosperity and this world we take for granted. I'm not Catholic but I consider them my brothers and sisters in the Lord. How the Catholic Church Built Western Civilization is an excellent book and even as a person with a deep interest in church history I learned many things. The impact of the Church is underappreciated even by Christians. Many of the things we take for granted were started by the church.
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