3 ms·
History rhymes, therefore, one can predict the future. To quote myself: Greed is the elephant in the room. Whether it's cash, gold, or an NFT of Elon Musk's fl
by CynicusRex 5y ago
History rhymes, therefore, one can predict the future. To quote myself:
Greed is the elephant in the room. Whether it's cash, gold, or an NFT of Elon Musk's flatulence, no matter the currency, as long as humans can't evolve beyond their greedy nature nothing will change. All bitcoin has done is strengthen this vice and make yet another group of rich people, who, as usual, will do anything to preserve and increase their wealth. For example Max Keiser ripping a ten dollar bill saying he will just buy politicians [21]. Or the next quote by some bitcoin millionaire on an online forum I used to frequent:
“I've always used Bitcoin as an insurance against corrupted governments by private companies. The tip is to move to a country where the government is corrupted by crypto holders! ... and you don't have to move to small island to do that. There is plenty of rich country doing so.” —Name-I-won't-mention, living in France, 2021.
That doesn't spell confidence nor competence for the next “elite”, does it. Neither did I for that matter. As soon as I felt being rich was within my grasp I began to think selfishly: “No way I'm giving any of this to governments.” Which is fine in truly oppressed countries. But if one inhabits a developed country, chances are that being able to afford crypto“currencies” to begin with is the result of the fortunate circumstances that you or your parents enjoyed because of, among other things, good governance. Whether your ego likes it or not, most success is due to luck [22][23]. In the end, governments aren't inherently bad, but the people in it can be. And if they can be corrupted by bitcoin then we are merely running uphill on the Titanic.
“Strong currencies are not the solution to poor governance. Good governance and democracy makes a country and its currency strong. Not vice versa.” —halukakin, HackerNews, 2021.
—https://www.cynicusrex.com/file/cryptocultscience.html https://www.cynicusrex.com/file/cryptocultscience.html