Removing Fear, Uncertainty and Doubt through constructive actions using Bitcoin

When it comes to our financial lives, we all live with certain fears, doubts and uncertainty about the future.

  • Division of labor makes most of us small cogs in a greater whole ("the economy") and we are at the mercy of market forces which we don't always fully understand. These are to some - perhaps large - extent the result of collective consciousness, and exceed the scope of our individual pondering and decision-making. Without division of labor, we would be collectively less fit for survival, less adapted and adaptable, less comfortable and more worried about primitive needs. Undeniably, we strive towards greater goals, and for this we split up responsibility to achieve them. We see this happening with life even on a cellular level. Just like our cells have roles to play, so do we, and that knowledge can compensate to some degree the uncertainty imposed by our larger circumstances.

  • On an individual level, most of us have some fear of that which we don't understand. This can be overcome by learning, by doing, by experience. Overcoming fear is its own reward, steps on a journey of growth which we start off on as a child and can continue the rest of our lives. Isn't it funny how older people are often more afraid of new technology than the young who seem to embrace it and master it with less effort?

When a groundbreaking new technology is invented (like Bitcoin), there are always those who are curious and investigate and try to use it, and those who let their built-up notions get in the way of fresh understanding and new experience.

The early adopters almost always take risks, certainly that of ridicule by their less open-minded contemporaries, but also financial and sometimes even physical risks (in the case of new inventions in medicine, transport, etc).

If we look at the history of Bitcoin (when I say this, I mean: the revolutionary peer to peer electronic cash system invented in 2009), we see exactly this pattern play out. Just like using the Internet in its early days, you could feel, by using it, that you were using something that could up-end our present relationship with money to make it something way better than before. Where we are in charge of it ourselves, and the money cannot be easily inflated. It was (and is) liberating, and the value of such a decentralized, no-intermediaries-needed, hard money which based in rewarding those who do actual work, is (and was) apparent when compared to the fiat system.

We are still living in a time where this new kind of money is being resisted by the entrenched money printers. There have been, and probably are continuing, large efforts to make this new form of money appear detrimental to common interests, mainly by conflating it with deliberate scams, linking criminal actors and actions to it, and making it appear inefficient, unable to scale, and harmful to the environment.

Some of these concerns seem reasonable until one sees the bigger picture, or uses the technology oneself and understands how it can scale to be highly efficient.

This is where we can all play our part by doing, by using Bitcoin, and by all means, compare Bitcoin and Bitcoin Cash because one of those still resembles the original objectives of the technology.

submitted by /u/LovelyDayHere to r/btc
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Quelle: bitcoin-en