Once we're on a bitcoin standard, how much will the average person really know about how bitcoin works?
We have a lot of fun discussion about mining, PKE, nodes, blockchains, etc, but a lot of that is way more technical than the average person has any desire to think about.
Heck, right now we're in a place where most bitcoiners have some well-thought answer to the question "what is money", whereas most people haven't even thought about it.
Bitcoiners know WAY more about bitcoin/money/tech than most people will even after bitcoin takes over.
What do you think people WON'T have much, if any, knowledge about?
and
What are the minimum necessary things people will need to understand about money and bitcoin for a bitcoin standard to function successfully?
IMO:
Won't know:
- PKE
- Hashing / energy / mining / difficulty adjustment
- How blockchain works
- How the lightning protocol works
- Anything about the gold standard or Austrian economics
- Anything about the Fed or Keynesian economics
- What money is
- Why you can't just print bitcoin dollars ("oh well, guess I'll just keep using my phone and this weird looking thumb drive")
MUST know:
- Self-custody (what it is and how it's possible)
- What a seed phrase back up is (but not HOW it works)
- Savings vs checking (hodl wallet vs lightning wallet)
- who @darthcoin is, obviously