“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of the principle that men who wish to deal with another must deal by trade and give value for value. Money is not the tool of the moochers, who claim your product by tears, or of the looters, who take it from you by force. Money is made possible only by the men who produce. Is this what you consider evil?
-Ayn Rand Atlas Shrugged
this is a great article about the AI ecosystem covering the circular nature of the big players and the underlying thermodynamics that dictate what will or will not happen...good stuff
Fiat currency (root of all evil) has caused a progressively worse and worse outcome for each generation starting about 50 years ago (arguably 100 years ago). It is the most recent generation that is bearing the brunt of things and running into the brick wall that precludes the success and access to the lifestyle that boomers and my generation (genesis block minus ~43 years) have enjoyed. dual jobs, fewer kids (if any), unaffordable housing, unaffordable healthcare, toxic food and medicine, biased and unaffordable education...the list of bad things goes on...bitcoin and the tangible benefit it has and the intangible hope it offers is a wonderful thing and equally horrific if it fails.