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1080 sats \ 0 replies \ @kr 12 Dec 2022
this is a real possibility for some of the younger builders in the tech industry.
one related idea is that the hardest thing for most people to do over time isn’t learning… it’s forgetting the incorrect or flawed ideas they’ve already learned.
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793 sats \ 1 reply \ @k00b 13 Dec 2022
I think about this a lot. Many bitcoiners believe that inflation is more insidious than it appears, more insidious than the first order consequence of rising prices.
Something has changed in people. Most people I know are some version of despondent, desperate, or greedy. My rich friends chase fiat gains, varied forms of hedonism, and have given up on finding purpose. My poor friends have given up all together. Everyone else I know is on some kind of debt treadmill desperate to ascend to hedonism.
I think correcting 'our entire worldview' will be a good thing, because afaict the world hasn't looked very good for a long time. I think many of the problems attributed to social media are merely correlated with its rise, and the real cause is easy money. I suspect when the prices of everything rise, it distracts us from the value of things without a price.
I might be wrong though. Maybe our troubles are caused by something else.
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95 sats \ 0 replies \ @selfish_gene 13 Dec 2022
есть поколение людей, которое переживал переход из одной в другую. например дети 1990 х годов в советском союзе. сейчас они легко могут переключиться от бумаги к биткоин. в США это дети из 2001 года когда можно резко понять как все работает. применить это к новой реальности. в Европе это дети из 2005 года... все будет хорошо... только родители способны грамотно научить детей пользоваться тем что есть и тем что осталось. школа такого не даёт.
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1050 sats \ 1 reply \ @scottathan 13 Dec 2022
Makes you wonder how much the younger generation might get burned when the Fed's printing starts to unravel. Lots of the younger generation loves to throw money at the stock market like there is no tomorrow, not realizing the sheer volume of asset inflation that they are riding on and how easy it would be for it to pop.
That really is one of the fascinating benefits of Bitcoin though. By making money an effective savings vehicle again, people no longer have to gamble their entire life savings on the market and can instead save their wealth in a way that works. Eventually the vast majority of the population will be able to stay humble and stack sats ⚡
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0 sats \ 0 replies \ @selfish_gene 13 Dec 2022
копить? какой % людей имеет этот опыт? кто их учил? как они это делали?
Родители дают такой опыт, просто воспитать детёныша не просто. биткоин это инструкция.
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271 sats \ 0 replies \ @pi 13 Dec 2022
While reading the article, this sentence really stood out to me. It very much reminded me of that description of the "crypto industry,” comparing it to a “solution” looking for a problem.
This behaviour was also only made possible by the cheap money from ICOs etc
Fix the Money, fix the World
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271 sats \ 0 replies \ @corncob 13 Dec 2022 freebie
Great article. A chilling scenario to think through over the next decade as markets no longer seem to run efficiently, this quote here sums up quite well to me.
"the past few years, has made a binary-choice gambler out of all of us. With the capacity for attention dwindling, the choice is either “it’s over” or “we’re so back.” Inflation falls 0.2% under expectations? We are so back. S&P 500 jumps 5% in a single day."
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12 sats \ 0 replies \ @grayruby 13 Dec 2022
I think about this often but I don't really see an alternative to lower rates returning and persisting for another couple decades.
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