Society has encoded valuable ideas that we should conserve, yet some ideas are wrong or incomplete and should be progressed.
In recent history progressivism has been overstimulated in society due to the perception of infinite wealth via government debt.
This perception increases risk taking and experimental behaviours as we perceive a large safety margin to tolerate the risk.
However this perception is a façade. Resources are indeed finite, and the safety margin is much smaller than it seems.
As we transition to a hard money standard, we will see a trend back toward conservatism.
There’s a delicate balance between tradition and change that we cannot regulate effectively while under delusions of “infinite” money.
#bitcoin #philosophy