CryptocurrencyBitcoin Can Heal Fiat Relationships - Bitcoin Magazine

Bitcoin Can Heal Fiat Relationships – Bitcoin Magazine

This is an opinion editorial by Jimmy Song, a Bitcoin developer, educator and entrepreneur and programmer with over 20 years of experience.

Link to audio read of the article.

Our relationships have an unwelcome intruder, and that’s the government.

A society is a network of relationships between people. An edge should be bilateral and relationships should be direct, but unfortunately, in today’s fiat world, they are not. Most relationships have an authority in the middle and thus have a centralized controller. That’s not necessarily a bad thing. When it comes to justice or common standards, a third party that can figure something out in the midst of conflict is desirable. Centralization is a problem when it restricts the freedom of how people want to relate, especially when there’s no conflict.

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