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So you want to address those fundamental behavorial pitfalls by coming up with a new system that places you in the small group of rich and in-control? If some
by goblin89 6y ago
So you want to address those fundamental behavorial pitfalls by coming up with a new system that places you in the small group of rich and in-control?
If some individuals are incapable of seeing the world around them as anything other than losers vs. winners and want to have a way of measuring worth that makes them rank higher, I couldn’t care less—as long as they don’t try impose it on others.
From empirical observation, holding cryptocurrency does not suddenly make people more altruistic, knowledgeable, ethical or anything else positive. It triggers the usual patterns of behavior associated with power and wealth (first of which being “do everything you can to maintain those”).
Of course, most of those currently in possession of significant capital will not have much trouble converting it to any new form that comes along. People who would get hurt are the middle class—folks who do not rule the world, but have things to lose. So, most people.