Bitcoin Forum
May 24, 2024, 01:48:37 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Are we genetically programmed for Bitcoin economics?  (Read 2885 times)
ecoexperiment
Newbie
*
Offline Offline

Activity: 23
Merit: 0


View Profile
November 10, 2012, 03:50:08 PM
 #21

I don't think the time frame for our economic reality has been long enough. I would expect at least a few thousand years to note a genetic divergence.
But I do think there is evidence for many animals to have a sense of "fairness" that is genetic. Interesting topic OP.

Fairness is not the first thing that comes to mind when I think about economics, but it has been shown that even infants can identify bullies even in the form of circle and squares.  It's nice to think we at least begin life with a sense of "fairness"!
rini17
Sr. Member
****
Offline Offline

Activity: 340
Merit: 250


GO http://bitcointa.lk !!! My new nick: jurov


View Profile WWW
November 10, 2012, 11:27:29 PM
 #22

Sure, sorry I didn't mean to offend. Let me explain my comment, the fundamental principles of economics are derived from logic, and that logic is best expressed in the Austrian principles of economics. The principals generally described as Keynesian are more of a social science a type of dogma.

I inadvertently compared dogma and logic and over generalized, I am sorry if I upset you.   

While I am a designer (a commercial artist), every action I take, is affected by macroeconomics, and without prejudges I can totally understand other fields of economics unrelated to macro economics being influenced by macroeconomic dogmas. 

I hope I don't seem fundamentalist but given the luxury of history, general knowledge, deductive reasoning, I can't reconcile genetics and economics without the use of dogmas. 

It's hard to tell whether anyone on this topic is actually serious Cheesy Anyway, let me reply:

1. It would make much more sense to start with hypothesis that Bitcoin economy is programmed by our genetics, and that can be actually confirmed by observation. Trying to see it in the other direction it doesn't make sense to me at all.

2. Even if fundamental principles of economics may be derived from logic (I disagree, but that's another discussion), human minds are not fully rational. They evolved to deal with natural phenomena and only during several last tens of generations we start to adapt to using maths and money in our decisions. For example how much of our decision making can be illogical I recommend a book like Thinking, Fast and Slow by Daniel Kahneman.

CoinBr.com: First online MPEx brokerage launched beta! Easy to use interface and reasonable fees. Charts for MPEx stocks: live.coinbr.com * My Blog *
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!