Post by Jerry Bature
When I see a intellectual people NOT understand Bitcoin, what is often preventing them from “getting it”, is a deeply held, core belief that the world is spiraling out of control and can’t get better. Because of this pessimistic conviction, it’s almost like it’s impossible for them to wrap their head around it. It’s a very strange yet persistent theme.
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It's difficult to grasp Bitcoin when one's salary comes from the government. Whether value is provided or not, "money" gets printed and shared to everybody, for the sake of being on the pay-roll. But Bitcoin flips everying inside-out: one has to work hard (sometimes, more harder) in order to provide value and get paid in bitcoin. In other words, rent-seeking is far easier than standing on one's competence.
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