They enable it, and more importantly it has shown to be able to subvert a population in order to direct it's Human Capital to the most egregious of undertakings: War, genocide, mass murder, bureaucracy etc... These are only enabled because people are being compensated in something they need to acquire goods and services in a region, and since modern existence (Sumeria?) Nation-States have a monopolisitic control over this power, with no tolerance for it's 'corruption' from the outside as challenges it's core power.
My contention is: you remove the incentive for fiat and Society and Humanity (as flawed as we are) will re-organize itself for a more optimal outcome.
Unemployment concerns will be irrelevant if we as a species decide to tackle Climate Change, Regenerative Agriculture and Mars colonization (I've been involved in all 3 btw) in earnest, so why not build an economy around a tech that can function as a Multi-planetary Currency for it's Multi-Planetary economy?
> I don't even know what that means blame fiat. Something about moving off the gold standard?
This is rather meandering, but I think you're asking what does Fiat mean, right? If so, yes, it's a currency which at it's core has no intrinsic value other than that what Nation-State's have forced it's populace to accept it as, which has since been detached from it's former Precious Metal Backing. It comes from the latin word 'fiat' to mean: An arbitrary order or decree.
A little context: the average life for a currency (fiat or otherwise) is 40 years.
> Didn't we have wars and corruption before that too?
Sure, but conflict resolution and trade is more favourable outcome for man if the incentives are aligned correctly, and it should be the default for how Humanity should see itself moving forward. We have no chance of solving any of the World's problems if we continue on this path, be it environmental, warfare, political, social, Mars colonization... whatever.
Fiat had it's time, it created a level of industrialization and specilization which would have been impossible under a barter system or sparsely traded local currency model, and it was written in blood from our ancestors... but we are now at a transitionary phase which Bitcoin has proven with the test of time that we demand and now have a better alternative than what we are forced to comply to with USD/EURO/YUAN/YEN etc...
We are a single species and an ever-growing interconnected one at that, we should conduct ourselves as such rather than serve the interests of a small political elite who seem to be the only ones apt for potentially nuclear war (eg US vs China) when the rest of us just want to live our lives in peace and prosper in what could be an era of unfathomable wealth creation.
Instead we live in fear of what these people do as it could send us all back into the stone age if these sick sociopaths get their wars. Or we have to live in constant peril for the new economic downturn due to massive wealth disparity as a result of business-cycle economics that favour a select few and keep them in power.
Edit: I really don't care about your fake points, but to downvote in hopes of shutting down conversation is pathetic.
I took the time to respond and elucidate my points, you should at least challenge the argument instead of trying to make my words opaque because you don't like me or what I have said. The low level of intellectual discourse regarding Bitcoin here is appalling, and when someone tries to speak about it they get vilified or shutdown entirely, it's sad and I really can't explain how much it's dimmed my view of HN and most tech people in general.
But such is the price of successful disruption.