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RE: Playing in the Margins: bitUSD and BitShares on Open Ledger

in #bitshares8 years ago

Very well said. It not only gives me a different view of the crypto world, but a larger view of humanity as well. Here's this tool to solve the problems so many people complain about with regards to issues like the 2008 financial crises and yet most people know nothing about it and have no interest in learning about it. In some ways it's like we enjoy complaining about greed and corruption in the world but if we're not directly rewarded immediately by potential alternatives, we have no incentives to change anything.

I fall into this trap as well. It's rational self-interest. That said, I love how these new systems are about aligning incentives. "Skin in the game" indeed.