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Author Topic: Should we have hardcoded Austrian economic lessons?  (Read 929 times)
hazek
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June 02, 2011, 10:58:37 PM
 #1

All the recent posts that people are making about the scary deflation monster and other "fatal flaws" of the Bitcoin design made bit uneasy about trusting people to be smart enough and to refuse any such proposals in the future.

I believe that we are all currently slaves under the fiat monetary systems around the world and the only reason for that is lack of economic literacy. People simply don't know they are getting ripped off by an invisible hand of inflation. I believe media propaganda and the public school indoctrination play the crucial role in keeping everyone in the dark.

Since I'm still not exactly sure how many clients would have to start using new rules for the whole Bitcoin network to switch and since I learned to fear the ignorance of the general public I had this idea that maybe it would be smart to add some Austrian economic lessons to the client. Either links to key articles or key youtube videos or key books on amazon or at least something to keep the Bitcoin users informed.


What do you think? Are my fears baseless or is this a good idea?

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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benjamindees
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June 02, 2011, 11:13:04 PM
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Sure, as long as you provide a translation between Austrian words and their English equivalents.  Wink

Oh and also include a list of all the flaws in the Austrian system like failure to identify negative externalities, etc..

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June 03, 2011, 12:24:18 AM
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lack of economic literacy

+1 to that. Also, this thread doesn't belong in the dev&tech

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Sukrim
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June 03, 2011, 10:27:01 AM
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Sure, as long as you provide a translation between Austrian words and their English equivalents.  Wink
Austrian = German (dialect), not a seperate language  Wink

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hazek
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June 03, 2011, 11:35:42 AM
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Sure, as long as you provide a translation between Austrian words and their English equivalents.  Wink
Austrian = German (dialect), not a seperate language  Wink

He was trolling me..

My personality type: INTJ - please forgive my weaknesses (Not naturally in tune with others feelings; may be insensitive at times, tend to respond to conflict with logic and reason, tend to believe I'm always right)

If however you enjoyed my post: 15j781DjuJeVsZgYbDVt2NZsGrWKRWFHpp
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June 03, 2011, 11:39:20 AM
 #6

No need to link bitcoin with any economic or social group or ideology.

Bitcoin is just money and store of value. It is extremely good at doing these two things. No need for anything else.

You want to educate people, make a website or write a book or teach a course at a uni.


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