Bitcoin Musings
Quotes about economy, society and Bitcoin

Responsibility Centralization


Aleks Svetski on Wake Up Podcast Ep. 25

The fiat system encourages so much more of this fragile, just-in-time, centralized, thin infrastructure that is fundamentally fragile.

Because we’re in this race to push responsibility onto something else, because that’s the way fiat effectively functions. Fiat removes personal agency at a fundamental level and then it pushes decision making into one place.