Fiat money is a public good There is no private ownership The government uses fiat savers/earners as a piggy bank
Ray Dalio: β€œlending money to other people is saving money.” He classifies investing and saving money as the same thing. Clearly fiat money has distorted his perception of money/reality.
Proof of work removes the ability for humans to act badly Proof of stake leaves the door wide open for humans to act badly
One difference between gold bugs and Bitcoiners, is that gold bugs are mostly pessimists, while Bitcoiners are mostly optimists. Ideologically aligned, just have a different perspective on future events.
May have been late to hearing about bitcoin, but most certainly not late to understanding bitcoin.