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> What is the point of fiat money other than greed? Well I mean, what do you use it for? > territorial violence monopoly we so kindly call sovereign nations
by camgunz 5y ago
> What is the point of fiat money other than greed?
Well I mean, what do you use it for?
> territorial violence monopoly we so kindly call sovereign nations
Literally every civilization is this. It's the first thing you learn in social contract theory and is super easy to derive from first principles. Basically in order to have a more secure society, individuals band together by giving up the use of violence on each other in order to focus their efforts on protecting themselves and their livelihood.
> So what does the traditional economy system gives us?
Literally everything we have. Feel free to cherry-pick some of the worst things but, also I mean hey, I'm enjoying Firefox, HN, and my radiator heat thank you traditional economy.
> Choosing to have a personal war with a system that proposes to do away with the violence monopoly because it requires a nuclear power plant or two of power to operate is an odd position.
Why is it so hard for crypto advocates to come to grips with the current reality of their ecosystem? No one would be upset if crypto all ran on green energy, and if you all really cared about it you'd make it happen. You obviously don't. Which is fine! But you can't have it both ways; you can't belch billions of tons of CO2 into the atmosphere for your projects and then be like, "well, we're fixing it, we promise". I mean, if you really believe that, shut down until it's fixed.