Some people think bitcoin is evil because “money is the root of all evil.” But to them, money means fiat. They don’t realize that the evils of fiat should not be assumed to apply to decentralized money.
Same thing with reputation. Centralized scoring systems are very Black Mirror. But decentralized scoring systems, where scores are personalized rather than global, belong in a different category.
Replies (8)
Bitcoin was launched by a means for someone to stay relevant after the hype of social media. It's coming off as a cult culture and will eventually fade to nothing more than Scientology or heavy religious type of control. It will never be mainstream.
The draining of purchasing power is the root of all evil.
Fiat is the devil 👿
Fiat is seed oils
Btc is beef tallow
Decentralized solutions are scary and counterintuitive because they have opposite effects from their fiat counterparts which have been engrained in most peoples' minds as natural law.
It is not money that is evil. The love of it. “For the love of money is a root of all kinds of evils.”
They also have the quote wrong.
It's "The love of money is the root of all evil"
I agree ☝️
