Post
Topic
Board Bitcoin Discussion
Re: People Are Not Nerdy Enough
by
Silberman
on 25/07/2023, 19:33:43 UTC
Yes, I am complaining that people are not nerdy enough. It's been 14 years since Satoshi published his white paper and the vast majority of people still don't understand what Bitcoin is and how to use it. Sure there are many people buying Bitcoin on crypto exchanges and speculating on it.

However, the average guy on the street that I speak to, and even many people on crypto forums still don't understand Bitcoin's potential as a virtual commodity, or it's potential to create an alternative to Fiat economies. Maybe the problem is deeper than just a lack of understanding about the technology? Maybe it's a lack of understanding about economics as a whole? How many people are economists?

I understand that my frustration might be due to the fact that I am coming from a very privileged position. What are your thoughts on this?
The lack of understanding about the economy is something that is by design, politicians do not want people to understand how the economy really works or they will understand how affected and underprivileged they are by the system in place, also if people changed their behavior overnight then the economy will crumble as it depends on consumer spending and if people suddenly started to become more frugal the whole system will feel such a drop in the demand.